Boeing's Brazilian Partner Embraer Making Medical Kit
March 25 2020 - 7:15PM
Dow Jones News
Brazilian plane maker Embraer SA said it has been developing a
range of medical equipment parts to help the treatment of Covid-19
victims in Brazil, with the Boeing Co. partner planning to start
production next week.
The move comes as the Pentagon is marshalling U.S. defense
contractors to support the U.S. relief effort, though it has yet to
identify any company-specific work being undertaken.
Embraer said it is working with its supply chain and other
partners to make parts for ventilators and respirators, and develop
filtration systems to support intensive-care units.
Boeing plans to pay more than $4 billion for an 80% stake in
Embraer's commercial jetliner business and a joint venture in its
military arm, a deal driven in part by securing access to the
Brazilian company's engineering talent. The deal was due to close
by the end of 2019, but has been held up by competition
regulators.
--Doug Cameron
(END) Dow Jones Newswires
March 25, 2020 19:00 ET (23:00 GMT)
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