Since a while there is a lot of buzz about the possible merger/take over of Embraer by Boeing.
At first glance you will ask what Saab is doing in this text but as Brasil is buying Gripen fighters form Saab there is an offset part in that deal so there will be some sort of technology transfer between both companies. This means that at some point Boeing could get a look or even two in Saab’s technologies used under the hood of Gripen. This would be a nice move right?
Boeing is in a bit of trouble. Bombardier has managed to sell a lot of aircraft to Delta which was protested by Boeing but the recent decision is that everything is OK from the legal point of view. To be honest Boeing doesn’t even have aircraft of that size… and here comes Embraer in. Taking over Embraer would allow Boeing to compete on another niche. Further more there is the tasty KC-390 with which Boeing could compete with Lockheed’s C-130J.
On top of that there are the Gripen bits laying here and there in Embraer’s garages… Boeing since a while is staying behind Lockheed when it comes to fighter aircraft and gaining new know how would be beneficial. To be honest Boeing has tons of know how but from a broader perspective it’s never enough of this magic in your company.
That is why Saab’s reaction was a big NO NO for this deal.
Later on Brazil has stated that it wont give full control over the company to Boeing retaining the golden share which allows to make crucial decisions and that Boeing will not have insight to the Gripen part.
We will see how it goes from here.
The most important thing from this is that business is business but national security and company secrets are another thing. All of the companies are doing everything in their best interest: Boeing wants a bigger chunk of the aircraft cake, Saab wants to protect its secrets and Embraer/Brazil want to retain the control of their national crown joule and still get the most out of Saab and Boeing.
If all parties com to an agreement we will see a new landscape in the aviation industry.