# Boeing and Embraer form defense joint venture for C-390 Millennium

Boeing and Embraer announced their joint venture, Boeing Embraer – Defense, to promote and develop new markets for the C-390 Millennium aircraft. Embraer will hold 51% ownership and Boeing 49%. The venture is subject to regulatory approvals.

- Type: Partnership
- Announced: 2019-11-18
- Status: announced
- Products: C-390 Millennium multi-mission airlift aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Boeing](https://endata.com/companies/685.md) (partner)
- [Embraer](https://endata.com/companies/23129.md) (partner)

## Sources

- [investors.boeing.com](https://investors.boeing.com/investors/news/press-release-details/2019/Boeing-Embraer---Defense-Joint-Venture-to-Develop-New-Markets-for-the-C-390-Millennium/default.aspx), 2019-11-18: "Boeing Embraer – Defense will build on our companies' history of collaboration across commercial and defense aerospace to unlock significant value in the state-of-the-art C-390 Millennium."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.