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Sweden Acquires Embraer C-390 Millennium Aircraft in European Defense Partnership

Story Highlights
  • Sweden acquired four C-390 Millennium aircraft from Embraer on October 6, 2025.
  • The acquisition enhances Sweden’s operational capabilities and strengthens Embraer’s position in Europe.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sweden Acquires Embraer C-390 Millennium Aircraft in European Defense Partnership

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The latest announcement is out from Embraer SA ( (ERJ) ).

On October 6, 2025, Sweden acquired four C-390 Millennium aircraft from Embraer as part of a European collaborative procurement program with the Netherlands and Austria. This contract includes seven additional purchase options, indicating potential future acquisitions by other European nations. The acquisition enhances Sweden’s operational capabilities and interoperability with European partners, marking a significant milestone in modernizing its air force. The C-390 Millennium, known for its payload capacity and versatility, strengthens Embraer’s position in the European defense market and among NATO nations.

The most recent analyst rating on (ERJ) stock is a Buy with a $63.00 price target. To see the full list of analyst forecasts on Embraer SA stock, see the ERJ Stock Forecast page.

Spark’s Take on ERJ Stock

According to Spark, TipRanks’ AI Analyst, ERJ is a Outperform.

Embraer’s strong financial performance and positive earnings call are the most significant factors contributing to the score. The company’s record-breaking revenue and robust backlog indicate solid growth prospects. However, the high P/E ratio and low dividend yield suggest limited valuation appeal. Technical indicators show moderate bullish momentum, supporting a positive outlook.

To see Spark’s full report on ERJ stock, click here.

More about Embraer SA

Embraer is a global aerospace company based in Brazil, known for manufacturing aircraft for commercial, executive, defense, and agricultural sectors. It offers after-sales services through a global network and has delivered over 9,000 aircraft since its founding in 1969. Embraer is a leading manufacturer of commercial jets up to 150 seats and a major exporter of high value-added goods in Brazil.

Average Trading Volume: 1,941,898

Technical Sentiment Signal: Buy

Current Market Cap: $10.56B

For a thorough assessment of ERJ stock, go to TipRanks’ Stock Analysis page.

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