Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Dassault Aviation    AM   FR0000121725

DASSAULT AVIATION (AM)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

DASSAULT AVIATION : BAE Systems and Dassault Aviation sign Memorandum of Understanding to develop unmanned air system proposal

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/14/2011 | 10:05am CET

 

BAE Systems and Dassault Aviation
sign Memorandum of Understanding
to develop unmanned air system proposal

 


BAE Systems and Dassault Aviation have signed a Memorandum of Understanding (MoU) to collaborate exclusively on the preparation and submission of a joint proposal to the UK and French Ministries of Defence for the design, development, production and support of a Medium Altitude Long Endurance (MALE) Unmanned Aircraft System (UAS). The MoU will enable the two companies to establish a framework under which they may jointly pursue this long term business opportunity.


This signature follows the United Kingdom and French Governments agreement at the Anglo-French Summit in November 2010 to collaborate on the next generation MALE UAS to meet the requirements of both countries.


BAE Systems and Dassault Aviation have already completed a joint MALE UAS feasibility study for the United Kingdom and French Governments. This study has given both companies the confidence to move to the next stage of developing a joint proposal that will harness the considerable UAS capabilities of both BAE Systems and Dassault Aviation.


Kevin Taylor, Managing Director Military Air & Information at BAE Systems said:  "A successful BAE Systems/Dassault Aviation solution will ensure that the UK and France maintain their status as leading providers of aerospace capability. It will also ensure that both countries get the best return on the investment they have made in state-of-the-art technologies and UASs.  We have a strong team in place that is ready to develop the future frontline UAS capability required by both the UK and France."


Eric Trappier, Executive Vice President International at Dassault Aviation also commented:  "BAE Systems and Dassault Aviation's joint experience and proven capabilities, together with an efficient co-operation process, allow us to offer a MALE UAS that will provide the UK and France with a cost-effective intelligent autonomous exploitation system to meet both countries' military requirements to schedule and within the budgetary constraints under which both governments will operate in future. We look forward to a swift development go-ahead decision from the two governments soon."



For more information, please contact:

 

Lesley Dobson, BAE Systems
Tel: +44 (0)1772 852052 - Mob: +44 (0)7801 717289
[email protected]


Yves Robins, Dassault Aviation
Tel: +33 (0)1 47 11 86 91 - Mob: +33 (0)6 07 66 82 53
[email protected]



Issued by:

 

BAE Systems, Farnborough, Hampshire GU14 6YU, UK
Tel: +44 (0)1252 384719 - Fax: +44 (0)1252 383947
www.baesystems.com


Dassault Aviation, 92552 Saint-Cloud Cedex, France
Tel: +33 (0)1 47 11 40 00
www.dassault-aviation.com


BAE Systems and Dassault Aviation sign Memorandum of Understanding...:
http://hugin.info/143388/R/1496622/432345.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Dassault Aviation via Thomson Reuters ONE


HUG#1496622


share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DASSAULT AVIATION
01/19 DASSAULT AVIATION : Airworthiness Directives; Dassault Aviation Airplanes
01/18 SPECIAL CONDITIONS : Dassault Aviation Model Falcon 900EX Airplanes; Non-Recharg..
01/18 SPECIAL CONDITIONS : Dassault Aviation, Model Falcon 7X Airplane; Non-Rechargeab..
01/18 SPECIAL CONDITIONS : Dassault Aviation Model Falcon 2000EX Airplanes; Non-Rechar..
01/17 BAE : Qatar Increases BAE Systems Order for Hawk Trainer Planes
01/16 SPECIAL CONDITIONS : Dassault Aviation Model Falcon 5X Airplanes; Non-Rechargeab..
01/13 Airbus ordered to pay 104 million euros to settle Taiwan missile dispute
01/13 Airbus ordered to pay 104 million euros to settle Taiwan missile dispute
01/11 Global business jet market starting to recover - Dassault Aviation chief
01/11 GLOBAL BUSINESS JET MARKET STARTING : Dassault Aviation chief
More news
News from SeekingAlpha
2017 Canada scraps Boeing deal, talks tough on upcoming contract for 88 jets
2017 COBAS ASSET MANAGEMENT : Comments On Third Quarter 2017
2017 New additions to airline-tracking ETF
2017 Dassault Aviation's (DUAVF) CEO Eric Trappier on Q2 2017 Results - Earnings C..
2017 Dassault Aviation reports 1H results
Financials (€)
Sales 2017 4 281 M
EBIT 2017 270 M
Net income 2017 445 M
Finance 2017 2 932 M
Yield 2017 0,96%
P/E ratio 2017 25,82
P/E ratio 2018 23,85
EV / Sales 2017 1,98x
EV / Sales 2018 1,80x
Capitalization 11 404 M
Chart DASSAULT AVIATION
Duration : Period :
Dassault Aviation Technical Analysis Chart | AM | FR0000121725 | 4-Traders
Technical analysis trends DASSAULT AVIATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 1 366 €
Spread / Average Target -0,42%
EPS Revisions
Managers
NameTitle
Éric Trappier Chairman & Chief Executive Officer
Loïk Segalen Chief Operating Officer
Denis Dassé Chief Financial Officer
Didier Gondoin General Manager-Technical
Charles Edelstenne Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
DASSAULT AVIATION5.71%13 935
BOEING COMPANY (THE)19.02%201 145
UNITED TECHNOLOGIES CORPORATION5.37%108 526
LOCKHEED MARTIN CORPORATION4.30%95 196
AIRBUS SE8.92%87 823
GENERAL DYNAMICS2.49%62 434