February 27, 2013 / 11:06 PM / in 5 years

Embraer's U.S. contract is good news for Boeing's Brazil bid-source

SAO PAULO (Reuters) - A U.S. Air Force contract won by Brazilian planemaker Embraer SA (EMBR3.SA) is a “very good development” for a bid by Boeing SA (BA.N) to supply fighter jets for Brazil’s armed forces, a senior Brazilian official said on Wednesday.

Embraer and its U.S.-based partner, Sierra Nevada, were awarded a $427.5 million deal to supply 20 light attack planes for the Afghan military, the Pentagon announced after the close of business on Wednesday.

Reporting by Brian Winter; Editing by David Gregorio

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