Embraer sees India, Saudi Arabia, EU, US as strategic defense markets
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Brazilian planemaker Embraer sees India, Saudi Arabia, the European Union, and the United States as strategic markets for its defense unit. India has an open tender to buy military planes, while Saudi Arabia is currently in 'early engagement' with Embraer to replace its aging fleet of C-130 Hercules. Embraer expects Saudi Arabia to make a decision in two to four years, with a potential purchase of up to 25 units. Embraer also aims to expand its presence in Portugal, Hungary, the Netherlands, Austria, the Czech Republic, South Korea, and Sweden. The company is exploring opportunities for mergers or acquisitions in the US and pitching the C-390 to the US Marines, Air Force, and special forces. Embraer emphasizes that its defense business is 100% US- and NATO-oriented and has no relationship with China.

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https://www.investing.com/news/economy-news/embraer-sees-india-saudi-arabia-eu-us-as-strategic-defense-markets-3488805