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

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DASSAULT AVIATION : French Trade Minister Confirms Dassault Secures India Deal For Fighter Jets

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01/31/2012 | 02:22pm CEST

Dassault Aviation SA (AM.FR) has secured a multi-billion dollar contract to provide 126 Rafale fighter jets to the Indian military, French Trade Minister Pierre Lellouche said Tuesday, speaking on national radio station BFM Business.

Lellouche said that some details of the contract, which would be the first foreign order for Dassault's Rafale jet, need to be finalized.

The contract has an estimated value of around $10 billion.

Dassault will provide its Rafale multi-role jet to India after beating the Eurofighter Typhoon made by a consortium of BAE Systems, Italy's Finmeccanica SPA (FNC.MI), and the European Aeronautic Defence & Space Co. (EAD.FR).

Dassault wasn't immediately available for comment.

-By Noemie Bisserbe and Inti Landauro, Dow Jones Newswires; +33 1 4017 1740;[email protected]

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Financials (€)
Sales 2017 3 827 M
EBIT 2017 285 M
Net income 2017 397 M
Finance 2017 2 118 M
Yield 2017 1,05%
P/E ratio 2017 26,37
P/E ratio 2018 20,39
EV / Sales 2017 2,11x
EV / Sales 2018 1,73x
Capitalization 10 206 M
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 1 213 €
Spread / Average Target -1,9%
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NameTitle
Éric Trappier Chairman & Chief Executive Officer
Loïk Segalen Chief Operating Officer
Jean Sass Executive Vice President-Information Systems
Charles Edelstenne Non-Executive Director
Henri Proglio Independent Non-Executive Director
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