Brazilian aircraft maker Embraer and Boeing will collaborate to work on three main aviation aspects, including enhancing aircraft safety, operational efficiency, productivity and research.
Boeing Commercial Airplanes president and CEO, Jim Albaugh, said: "This significant agreement between two proven aerospace leaders provides real opportunities to reduce customers' operational costs and enhance fleet efficiency."
"We look forward to working with Embraer to grow our industry and build a productive relationship that will benefit our companies and our countries," Albaugh added.
The firms previously collaborated to fund the production of sustainable aviation jet fuel from sugarcane in July 2011 and to work on developing drop-in, affordable aviation biofuels in March this year.
Embraer president and CEO, Frederico Curado, said the company has a clear commitment towards innovation as well as aviation safety and efficiency.
"I am certain that the collaboration with Boeing in some leading-edge matters will be beneficial for the industry and strengthen the ties between Brazil and the United States," Curado said.
The agreement also facilitates both companies to cooperate on features of the commercial aircraft further improving safety and efficiency, research and technology and sustainable aviation biofuels.
Brazil and the US have also signed an aviation partnership agreement to boost the cooperation between the two nations on civil aviation, which include environmental and regulatory concerns and open skies.
Embraer is planning to build Embraer Engineering and Technology Center USA to perform research and development activities for both product and technology development, while Boeing is also planning to create Boeing Research & Technology-Brazil for expanding aerospace technologies.
Image: The Executives of Boeing and Embraer during the signing of aviation cooperation agreement. Photo: Embraer