Embraer, a global leader in the aerospace industry, today signed a Memorandum of Understanding (MoU) with the Federation of the Aerospace Industry of Mexico with the support of Mexico's Secretariat of Foreign Affairs.

Based on Embraer's technological and industrial capabilities, the agreement seeks to identify new business opportunities and areas of interest for the potential development of joint projects, including potential collaboration with the country's defense cluster.

"We are very pleased to announce this Memorandum of Understanding with two important entities in Mexico. In addition to promoting new business and greater integration between the two countries, this agreement represents a great opportunity for strategic cooperation between Embraer and the Mexican aeronautical industry," says Francisco Gomes Neto, Embraer's President and CEO.

Present in Mexico for more than 40 years, Embraer currently has a fleet of more than 100 aircraft in operation in the country, including commercial, executive, and defense jets.