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The contract for 20 Super Tucano military aircraft was awarded on Feb. 27 to Embraer and SNC, much to the dismay of rival Beechcraft.
FORBES: U.S. Air Force Sides With Brazil's Embraer In Fighter Plane Dispute
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As a result of the dispute, the U.S. Air Force said it asked SNC and Embraer for a stay on the contract order on March 11, shortly after Beechcraft filed the complaint on March 8.
FORBES: U.S. Air Force Sides With Brazil's Embraer In Fighter Plane Dispute
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They did just that last month and Embraer and their U.S. partner SNC won again.
FORBES: Move up http://i.forbesimg.com t Move down
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One source at the meeting told Reuters that the SNC had agreed only under pressure and that it had been given a deadline of 10:00 (07:00 GMT) to sign up or risk being left out.
BBC: Syria cleric Moaz al-Khatib to lead opposition
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The U.S. Air Force has sided with Brazilian aircraft manufacturer Embraer (ERJ), saying Friday that the company and its lead American partner Sierra Nevada Corporation (SNC) should continue with its light air support contract after a four day suspension.
FORBES: U.S. Air Force Sides With Brazil's Embraer In Fighter Plane Dispute
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Last year, an Air Force investigation found evidence of bias toward Brazil-based Embraer and its Nevada-based partner, Sierra Nevada (SNC), which led to the decision to restart the competition.
FORBES: In Dispute, Brazil's Embraer Temporarily Loses $427 Mln U.S. Air Force Gig
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Along with E-L Financial, the other newcomers were chemicals group Methanex at No. 1978, construction company SNC-Lavalin Group at No. 1791 and hotel and restaurateur Tim Hortons at No. 1931.
FORBES: Magazine Article
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Along with E-L Financial, the other newcomers were chemicals group Methanex (nasdaq: MEOH - news - people ) at No. 1978, construction company SNC-Lavalin Group at No. 1791 and hotel and restaurateur Tim Hortons (nyse: THI - news - people ) at No. 1931.
FORBES: Canada's Largest Public Companies
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Unlike SpaceX, which has its own rocket, SNC would use the Atlas 5 launcher, which has an excellent reliability record in putting up military and scientific satellites.
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