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Stock Market & Financial Investment News

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March 11, 2013
17:26 EDTPLL, ERJPall Corp signs 30 year agreement to supply Embraer with KC-390 manifolds
Pall Corporation (PLL) has signed a 30-year agreement with Brazilian aerospace innovator Embraer (ERJ) to supply hydraulic filter manifolds and assemblies for KC-390 aircraft. The Embraer KC-390 is a medium-size military jet under development that relies on a sophisticated “fly-by-wire” (electronic) flight control system. The Pall filter manifolds will purify the pressurized hydraulic fluids that power the KC-390’s flight control systems, cargo door, and landing gears against contamination, thereby enhancing aircraft reliability. The first shipments are expected by the end of 2013.
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April 15, 2014
09:59 EDTERJEmbraer reports 34 jet deliveries in Q1
During the first quarter of 2014, Embraer delivered 14 jets to the commercial aviation market and 20 to the business aviation market, for a total of 34 aircraft, compared to 29 aircraft delivered in the same period of 2013. On March 31, the firm order backlog totaled $19.2B, an increase of $1B over December 31, 2013.

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