Embraer, Brazil Air Force to develop cargo plane

Tue Apr 14, 2009 8:23am EDT
SAO PAULO, April 14 (Reuters) - Brazilian aircraft maker Embraer (EMBR3.SA)(ERJ.N) will sign a deal on Tuesday with the Brazilian Air Force (FAB) to develop a military cargo plane, FAB said late on Monday.
The deal is expected to be signed during the Latin America Aero and Defense exhibition that starts on Tuesday in Rio de Janeiro.
The KC-390 aircraft project is part of FAB's program to develop an airplane for cargo transport and in air refueling. (Reporting by Eduardo Simoes, Translated by Inae Riveras; Editing by Lisa Von Ahn)