Embraer S.A. has forecast its capital expenditures of approximately $3.5 billion over the next five years, through 2030, in line with its recent strategies to expand aircraft production, promote new technologies and reach new customer markets. It also reaffirmed its commitment to develop sustainable technologies for a “low-carbon” aerospace industry.
The five-year forecast was made at a state-sponsored event in Brazil promoting “new industry” in the country, including “technologies of interest for national sovereignty and defense.”
"The New Industry Brazil program plays an essential role in the resumption of the country's competitiveness. The partnership with Embraer, and with the entire defense industrial base, will continue to be fundamental to encouraging exports of Brazilian products, as well as the generation of qualified jobs and income, also guaranteeing the mastery of critical technologies aimed at national sovereignty," according to Embraer president and CEO Francisco Gomes Neto.
The OEM did not stipulate that the capital investments are destined for Brazilian projects exclusively. Among other plans, it has committed to build a new aircraft maintenance, repair, and overhaul (MRO) center in Fort Worth, Tex., to service and support an increasing number of Embraer E-Jets serving U.S. commercial airlines.
Embraer specifically cited its high-profile entry into electric vertical takeoff and landing (eVTOL) production through its subsidiary, Eve Air Mobility. It established production capacity for air taxis in 2023 adjacent to its Brazilian headquarters, and has begun testing the eVTOL vehicle as it moves toward commercialization in 2026.
Eve has logged orders for more than 2,800 aircraft from over two dozen buyers.
