CAECS (SCR)

Companhia Aeroespacial do Cruzeiro do Sul S.A. or CAECS was founded in 1932 as a public South Crossic national aerospace company dedicated to the maintenance of aircraft and aircraft engines, as well as to the manufacturing of aircraft components and to aircraft engineering and logistic support. In 2008 the company was privatized through the sale of 65% share of CAECS's capital being acquired by the consortium made of Embraer and EADS, with the South Crossic state holding the remaining 35%. It is situated in Bastos, Province of New Lusitania, Southern Cross Republic.