Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Bolsa de valores de Sao Paulo  >  Embraer    EMBR3   BREMBRACNOR4


News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Embraer : IAI's ELTA, Embraer to launch P600 airborne early warning system

share with twitter share with LinkedIn share with facebook
share via e-mail
06/18/2019 | 10:24am EDT

The cost-effective solution has been unveiled at the Paris airshow.

Israel Aerospace Industries subsidiary ELTA Systems has signed a strategic cooperation agreement with Brazil’s Embraer Defense & Security to introduce the P600 Airborne Early Warning (AEW) system on their latest Praetor 600 business jet.

In the cooperation signed at the Paris Airshow on Tuesday, Embraer will provide the Embraer Praetor 600 as well as ground support, communications systems and aircraft integration while ELTA will provide the AEW radar, SIGINT (Signals Intelligence) and other electronic systems and system integration.

“The P600 AEW addresses the growing market of intelligence, surveillance and reconnaissance capabilities for countries that require cost-effective, high performance and flexible solutions for defense and homeland security missions,” IAI said in a statement.

Launched in October 2018 the Embraer Praetor 600 has full fly-by-wire technology, a range of 7,400km and can take off from runways shorter than 4,500 ft. The advanced jet offers intercontinental range with an outstanding payload capability, high availability and reliability, short turn-around and low life cycle costs.

Jackson Schneider, President & CEO Embraer Defense & Security was quoted as saying that the aircraft “delivers superior performance and flexibility that translates into the greatest value proposition in its category. It can be easily configured to match the customer needs and it can perform a wide variety of missions in a very efficient and cost-effective way.”

The primary sensor of the P600 AEW is the IAI/ELTA 4th generation Digital Active Electronically Scanned Array (AESA) radar with integrated IFF capabilities which will be mounted on top of the fuselage in a ski-box like pod.

Avishai Izhakian, Deputy General Manager, Airborne Systems and Radars Division at IAI told The Jerusalem Post that the system has been used on more expensive aircraft such as the Gulfstream 550 in the past but with the introduction of Embaraer’s new aircraft, the company was able to gain access to a more cost-effective solution.

“This project is a major leap,” he said. “We have identified the need for a cost-effective solution for the AEW market, and we came up with a solution using assets of the two companies,” he said.

The advanced small commercial platform with all of it’s support will be adapted by Embraer for military purposes.

“The main advantage is the fact that the business jet can fly very high- 40k feet which allows them to fly above commercial aviation routes- and can detect very small targets flying at low heights at very far distances,” Izhakian said, explaining that the system can detect aerial targets hundreds of kilometers away.

The system can provide an extended air situational picture by monitoring aerial activity in areas outside ground radar coverage and can perform various missions such as air defense, early warning, command and control, fighter fleet efficiency, territorial defense, and maritime surveillance.

It can also be configured with the full range of AEW&C sensor and control systems, including the 4th generation Digital AESA AEW Radar, civil and military IFF, ESM/ELINT with radar warning receiver capability, command and control, comprehensive communication suite including data networks and satellite links, and a robust self protection suite (SPS).

According to IAI the comprehensive communications suite allows for data link capability as well as satellite communication for operations beyond the line of sight data link. It also secures interoperability with allied forces.

“Network centric warfare (NCW) capability transforms the P600 AEW into a member of a tactical network. An advanced self-protection system (SPS) performs the detection of potential threats activating any required electronic support measures,”IAI said.

“As part of IAI’s new strategy, we are ramping up our collaborations with global business entities, leveraging the know-how and technology accumulated over decades of aerospace and defense operations. As the pioneers of the bizjet AEW, ELTA Systems has made large strides over the years towards offering cost effective AEW capabilities for the growing and changing global needs”, said Yoav Tourgeman, ELTA President & IAI Executive VP.

“Our partnership, forged with Embraer Defense & Security, enables us to introduce a new market segment by offering a cost effective midsize bizjet AEW system.”

(c) All rights reserved The Jerusalem Post 1995 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on EMBRAER
07/15EMBRAER : The MICHELIN Air X tire homologated to fit the Embraer E170
07/12EMBRAER : Portugal announces Firm Order for the Multi-Mission Airlift KC-390
07/09EMBRAER : 'TechLion' E195-E2 Visits China, Kicking off the First Stop of its Glo..
07/03EMBRAER : Appeals Court Reduces Charges Against Embraer Accused
07/01EMBRAER : Delivers its First New Praetor 600; The Industry-Leading Super-Midsize..
06/28EMBRAER : Triple Certification Liebherr-Aerospace on Board the New Praetor 600 E..
06/25EMBRAER : marks half a century in aviation
06/24EMBRAER : ELTA and Embraer to launch P600 airborne early warning system
06/23AIR PEACE : Soaring in Time of Rough Weather
06/22AIR PEACE : Soaring in spite of huge odds
More news
Financials (USD)
Sales 2019 5 307 M
EBIT 2019 16,7 M
Net income 2019 -109 M
Debt 2019 763 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020 -
EV / Sales2019 0,85x
EV / Sales2020 1,85x
Capitalization 3 761 M
Duration : Period :
Embraer Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EMBRAER
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 5,97  $
Last Close Price 5,11  $
Spread / Highest target 26,8%
Spread / Average Target 16,9%
Spread / Lowest Target 10,2%
EPS Revisions
Paulo Cesar de Souza e Silva President & Chief Executive Officer
Alexandre Gonçalves da Silva Chairman
Hélio Bambini Filho Executive Vice President-Operations
Nelson Krahenbul Salgado Chief Financial Officer, Executive VP-Finance & IR
Mauro Kern Executive Vice President-Engineering & Technology
Sector and Competitors
1st jan.Capitalization (M$)
EMBRAER-11.02%3 759
BOEING COMPANY (THE)13.28%201 984
AIRBUS SE53.88%110 305
TEXTRON16.57%12 225