Embraer plans to invest USD 3.5 billion by 2030 as part of New Industry Brazil initiative

Brazilian aerospace manufacturer Embraer announced on 12 February 2025, during the ceremony in Brasilia for Mission 6 of the New Industry Brazil (Nova Indústria Brasil) – Technologies of interest for national sovereignty and defense’, that it plans to invest approximately USD 3.5 billion (EUR 3.35 billion) by 2030.

The event was attended by Brazilian President Luiz Inácio Lula da Silva, Vice President Geraldo Alckmin, and other dignitaries.

The investment forecast aligns with the company’s recent practices and Embraer’s growth plan for the next five years, which includes increased aircraft production, business expansion in international markets and the development of sustainable technologies, with the goal of creating a low-carbon economy in the aerospace industry. One part of that is the electric vertical take-off and landing (eVTOL) vehicle manufactured by EVE, which is backed by Embraer.

“The New Industry Brazil programme plays an essential role in the resumption of the country’s competitiveness,” Francisco Gomes Neto, president and CEO of Embraer, was quoted as saying in a company press release. “The partnership with Embraer, and with the entire defence-industrial base, will continue to be fundamental to encouraging exports of Brazilian products, as well as the generation of qualified jobs and income, also guaranteeing the mastery of critical technologies aimed at national sovereignty.”

Embraer noted in its press release that the successful history of co-operation between Brazil’s government, universities and industry strongly contributes to the country remaining at the forefront of innovation, especially in a highly technological and competitive environment such as the aerospace and defence sector.

The partnership has been equally important for talent retention and development. With 23,500 employees worldwide, of which 18,000 are in Brazil, Embraer’s current workforce already exceeds pre-pandemic levels. The company has generated more than 2,500 jobs in the last two years and maintains continuous investment in training and professional qualification programmes.