Embraer, AEL Ink UAV Deal
RIO DE JANEIRO — Embraer and Elbit Systems’ AEL Sistemas are setting up a joint venture to develop unmanned aircraft for the Brazilian market. Embraer will have a 51% share in the yet-to-be-named business. As part of the deal, Embraer also could take a minority equity stake in AEL, although the size...
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