Brazil, an emerging economic powerhouse, has been steadily developing its aerospace industry since it established Embraer in 1969. Over the years, Embraer established itself as a serious player in the commercial aviation sector where they make regional airliners and business jets.
They also build some military hardware such as the EMB-314 Super Tucano turboprop counterinsurgency aircraft and they had a hand in the Italian-Brazilian AMX light attack jet. But in 2006 the company launched one of its most ambitious projects to date--the KC-390 tanker-transport. The aircraft, the largest Embraer has ever built, is expected to take to the air for the first time in 2014 and enter service two years later in 2016.