Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

France May Cap Purchases of Rafale Combat Jets -Report

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

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
React to this article
Latest news on DASSAULT AVIATION
07/28 DASSAULT AVIATION : delivers first Rafales to the Arab Republic of Egypt
07/23 DASSAULT AVIATION : 2015 first half-year results Financial release
07/22 DASSAULT AVIATION : Rafael jets over pyramids
07/21 DASSAULT AVIATION : Rafale fighter jets arrive in Egypt
07/20 DASSAULT AVIATION : delivers first Rafales to the Arab Republic of Egypt
07/16DJUK Defense Review Timely Amid Evolving Threats - BAE Systems Chairman
07/15 DASSAULT AVIATION : Lighting Retrofit at Dassault Falcon Jet Slashes Maintenance..
07/10 DASSAULT AVIATION : - July 14, 2015, French National Day Military Parade
07/09 DASSAULT AVIATION : July 14, 2015, French National Day Military Parade
07/07 DASSAULT AVIATION : 2015 Student Aerospace Challenge
Advertisement
Chart
Duration : Period :
DASSAULT AVIATION Technical Analysis Chart | AM | FR0000121725 | 4-Traders
Income Statement Evolution
More Financials