Boeing (BA -0.8%) and Embraer (ERJ -0.9%) announce plans to collaborate on the KC-390 aircraft...

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing (BA -0.8%) and Embraer (ERJ -0.9%) announce plans to collaborate on the KC-390 aircraft program. The collaboration is part of a broader agreement signed in April, whereupon the two companies will share technical knowledge and evaluate markets where they can join sales efforts in the medium-lift military transport market.