Brazil-based aircraft manufacturer, Embraer, today signed a Memorandum of Understanding (MoU) with the UK Department for Business, Innovation, Science and Trade (BIST) at the Farnborough International Airshow.
The MoU builds on decades of cooperation between Embraer and the UK aerospace industry, with the aim of strengthening its collaboration in areas including research and development, innovation, aviation capabilities and supply chain development.
Embraer has had a presence in the UK for more than 45 years, supplying commercial and defence aircraft, and developing research and development projects in partnership with British suppliers.
The MoU builds upon Embraer’s existing collaboration with UK Export Finance (UKEF), which the company says contributed to an increase in the number of UK-based suppliers to Embraer and almost doubled its volume of business with UK suppliers.
The new MoU with BIST creates a framework for regular engagement between Embraer and UK stakeholders. It is intended to help identify new opportunities, including additional partnerships in the areas of innovation, engineering and supply chain, as well as other projects that will strengthen economic value for both parties.
“The United Kingdom is a strategic partner for Embraer, and we see significant opportunities to deepen our collaboration in innovation, technology and industrial development,” said Francisco Gomes Neto, president and CEO of Embraer.
“We share a common vision of aviation as a driver of economic growth, technological advancement and connectivity. Building on the work we’ve been developing with the UKEF, this MoU marks an important step in further expanding our partnership and supporting sustainable growth across the global aerospace sector.”
Jonathan Reynolds, the UK’s trade secretary for business, innovation and science added of the agreement, “The UK needs better growth in every postcode, and for business and government to work in partnership to raise living standards.
“This agreement is a strong vote of confidence in the UK’s world-leading aerospace sector and builds on our longstanding partnership with Embraer. By strengthening collaboration on innovation, engineering and supply chains, we can create new opportunities, support high-skilled jobs, and drive growth in communities across the UK.”
