Member access

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

DASSAULT AVIATION (AM)

132
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

France May Cap Purchases of Rafale Combat Jets -Report

03/22/2013 | 01:34pm 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
03/27 DASSAULT AVIATION : Airworthiness Directives; Dassault Aviation Airplanes
03/26 DASSAULT AVIATION : Falcon Service Completes First Scheduled C-Check on Falcon 7..
03/26 DASSAULT AVIATION : First two Indian Mirage 2000 I/TI delivered to Indian Author..
03/26 DASSAULT AVIATION : 2 upgraded Mirage 2000 handed over to India in France
03/25 DASSAULT AVIATION : France hands over to india two upgraded mirage 2000
03/25 DASSAULT AVIATION : Financial Release
03/25 DASSAULT AVIATION : first two Indian Mirage 2000 I/TI delivered to Indian Author..
03/25 Airbus raises $1.8 billion with sale of 17.5 Dassault Aviation stake
03/25 Airbus to sell further 17.5 percent stake in Dassault Aviation
03/25 DASSAULT AVIATION : The first two Indian Mirage 2000 I/TI delivered to Indian Au..
Advertisement
Chart
Duration : Period :
DASSAULT AVIATION Technical Analysis Chart | AM | FR0000121725 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF