Lockheed deal to boost Embraer's profits, experts say

08/5/2004 | Aviation Now

Airline industry experts predict Brazil's Embraer will reap the benefits of Lockheed Martin's contract to produce the Aerial Common Sensor spy plane for the U.S. Army. Aerospace and defense analyst Paul Nisbet cites Embraer's ERJ-145 regional jet, which costs less than the Gulfstream jet that was part of a competing bid, as one reason for Lockheed's win.

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