# Embraer to invest EUR 90 million in OGMA expansion in Portugal

Embraer will invest EUR 90 million to expand its OGMA unit in Portugal, supporting assembly of Super Tucano A-29 aircraft and adaptation of KC-390 military cargo planes for NATO. The investment aims to triple OGMA's annual revenue to EUR 600 million.

- Type: Investment
- Announced: 2024-08-18
- Where: Alverca, Portugal
- Status: announced
- Products: Super Tucano A-29 aircraft, KC-390 military cargo plane
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Embraer](https://endata.com/companies/23129.md)
- [OGMA](https://endata.com/companies/51161.md)

## Sources

- [publico.pt](https://www.publico.pt/2024/08/18/publico-brasil/noticia/embraer-vai-investir-90-milhoes-euros-triplicar-faturamento-ogma-2101058), 2024-08-18: "Gigante brasileira, fabricante de aviões, a Embraer vai investir 90 milhões de euros (R$ 540 milhões) para a ampliação da OGMA, unidade que controla em Portugal."

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