Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  DASSAULT AVIATION    AM   FR0000121725

SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 

France May Cap Purchases of Rafale Combat Jets -Report

03/22/2013 | 12:34pm US/Eastern
Recommend:
0

The French government is considering limiting its purchases of Rafale multi-role combat aircraft, made by Dassault Aviation SA (>> DASSAULT AVIATION), to 225 from the 286 planned over the life of the program, according to a report Friday on financial information website latribune.fr.

Such a move would be part of a general effort by the government to scale back public spending in the coming years, the website reported, without citing sources.

The report said the government hasn't yet decided on the exact number of aircraft it will purchase.

The government is expected to publish soon a new White Paper that will detail the country's defense strategy and requirements for the coming years.

A defense ministry spokesman said he has no knowledge of the information published by latribune.fr.

The government has so far agreed on a contract with Dassault Aviation to buy 180 of the Rafale jets, with 115 of those jets delivered at the end of last year.

Dassault is manufacturing Rafale planes at a rate of 11 a month, a pace that Dassault Chief Executive Eric Trappier said recently is the bare minimum that is sustainable for the program's supply chain.

Newspaper website: http://www.latribune.fr

Write to David Pearson at david.pearson@dowjones.com

Stocks mentioned in the article : DASSAULT AVIATION
Recommend :
0
React to this article
Latest news on DASSAULT AVIATION
13h ago DASSAULT AVIATION : rolls out 250th Falcon 7X - Fastest Selling Falcon Ever
18h ago DASSAULT AVIATION : Patent Issued for Frangible Hinge Mechanism for a Platform P..
1d ago DASSAULT AVIATION : rolls out 250th Falcon 7X
5d ago DASSAULT AVIATION : UCAV: A world first for Dassault Aviation
5d ago DASSAULT AVIATION : UCAV: A world first for Dassault Aviation
04/09 DASSAULT AVIATION : Elbit Systems and Dassault Aviation Awarded the 2014 Trophy ..
04/08 DASSAULT AVIATION : placed 4th in the Universum 2014 Ideal Employers for Enginee..
04/08 DASSAULT AVIATION : Falcon 2000S & 2000LXS approved for London City Airport
04/04 DASSAULT AVIATION : Airworthiness Directives; Dassault Aviation Airplanes
04/03 DASSAULT AVIATION : Falcon 2000S & 2000LXS approved for London City Airport
Advertisement
Chart
Duration : Period :
DASSAULT AVIATION Technical Analysis Chart | AM | FR0000121725 | 4-Traders
Income Statement Evolution
DASSAULT AVIATION : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF