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Dassault Aviation SA (AVMD.PA)

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Latest Key Developments (Source: Significant Developments)

Dassault Aviation buys business aviation units of RUAG in Geneva and Lugano
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Dassault Aviation SA ::* Acquisition by Dassault Aviation of the maintenance and FBO activities of RUAG in Geneva and Lugano.* Financial terms of deal not disclosed.* RUAG is a leading supplier, support provider and integrator of systems and components for civil and military aviation worldwide.  Full Article

Airbus Group And Dassault Aviation Sign Joint Concept Study Contract
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - AIRBUS GROUP ::AIRBUS AND DASSAULT AVIATION SIGN JOINT CONCEPT STUDY CONTRACT FOR FUTURE COMBAT AIR SYSTEM.STARTING DATE FOR THE TWO-YEAR STUDY IS 20 FEBRUARY 2019.AIM TO CONCEPTUALISE DIFFERENT FCAS CAPABILITIES AND PAVE WAY FOR FUTURE DESIGN, INDUSTRIALISATION, AND ESTIMATED FULL OPERATIONAL CAPABILITY BY 2040.  Full Article

Dassault Aviation Announces Project To Replace Argenteuil Plant With Plant In Cergy
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - DASSAULT AVIATION SA ::PROJECT TO REPLACE ARGENTEUIL PLANT WITH PLANT IN CERGY.DECIDES TO KEEP THE SAME NUMBER OF SITES BY SPECIALISING AND MODERNISING THEM.MEASURES ARE PLANNED TO HELP EMPLOYEES WHO WISH TO MOVE CLOSER TO THE NEW SITE.THERE WILL BE NO LAYOFFS OR JOB CUTS, BUT ADJUSTMENTS BETWEEN ESTABLISHMENTS.  Full Article

Dassault Aviation To Acquire ExecuJet's MRO Operations
Monday, 21 Jan 2019 

Jan 21 (Reuters) - DASSAULT AVIATION SA ::SIGNS A BINDING AGREEMENT TO ACQUIRE EXECUJET'S MRO OPERATIONS.INTEGRATION PROCESS WILL BE PHASED IN 2019, AFTER ADMINISTRATIVE AUTHORIZATIONS HAVE BEEN OBTAINED..  Full Article

Dassault Aviation Says Welcomes Decision Of Indian Supreme Court
Friday, 14 Dec 2018 

Dec 14 (Reuters) - DASSAULT AVIATION SA ::SAYS DASSAULT AVIATION WELCOMES DECISION OF INDIAN SUPREME COURT.SAYS DASSAULT AVIATION REAFFIRMS FULL COMMITMENT TO INDIA AND INDIAN PEOPLE.SAYS WELCOMES DECISION OF SUPREME COURT OF INDIA RENDERED TODAY DISMISSING ALL PETITIONS FILED ON RAFALE CONTRACT SIGNED ON 23RD SEPTEMBER 2016.  Full Article

Dassault Aviation Says European MALE RPAS Programme Passes System Preliminary Design Review
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - DASSAULT AVIATION ::THE EUROPEAN MALE RPAS PROGRAMME SUCCESSFULLY PASSED THE SYSTEM PRELIMINARY DESIGN REVIEW AS FINAL MILESTONE OF THE PROGRAMME DEFINITION STUDY.SYSTEM PRELIMINARY DESIGN REVIEW ACHIEVED FOLLOWING LAUNCH OF TENDER FOR DEVELOPMENT, PRODUCTION AND INITIAL IN SERVICE SUPPORT PHASE.AIRBUS DEFENCE AND SPACE GMBH WILL COORDINATE INDUSTRIAL RESPONSE TO INVITATION TO TENDER (ITT).SCHEDULE EXPECTS A CONTRACT SIGNATURE IN 2019.  Full Article

Dassault Aviation And Airbus Join Forces On Future Combat Air System
Wednesday, 25 Apr 2018 

April 25 (Reuters) - DASSAULT AVIATION ::AND AIRBUS JOIN FORCES ON FUTURE COMBAT AIR SYSTEM.LANDMARK AGREEMENT TO DEVELOP AND PRODUCE EUROPE'S NEXT GENERATION COMBAT AIRCRAFT.JOIN FORCES FOR DEVELOPMENT AND PRODUCTION OF EUROPE'S FUTURE COMBAT AIR SYSTEM (FCAS).FCAS TO COMPLEMENT AND EVENTUALLY REPLACE CURRENT GENERATION OF EUROFIGHTER AND RAFALE FIGHTER AIRCRAFT BETWEEN 2035 AND 2040.  Full Article

Dassault Aviation Delivered 49 Falcon And 9 Rafale in 2017
Monday, 8 Jan 2018 

Jan 8 (Reuters) - DASSAULT AVIATION ::REG-DASSAULT AVIATION: ORDER INTAKE, DELIVERIES AND BACKLOG IN UNITS AS OF DECEMBER 31ST, 2017.‍41 FALCON WERE ORDERED IN 2017 AND 3 FALCON 5X WERE CANCELLED​.‍49 NEW FALCON WERE DELIVERED IN 2017, I.E. ABOVE OUR FORECAST OF 45 FALCON DELIVERIES​.‍9 RAFALE (1 TO FRANCE AND 8 TO EGYPT) WERE DELIVERED IN 2017, COMPLIANT WITH OUR FORECAST​.‍DELIVERED TO FRANCE, IN 2017, 1 NAVY RAFALE RETROFITTED TO F3 STANDARD​.‍AS OF DECEMBER 31, 2017, BACKLOG INCLUDES 101 RAFALE AND 52 FALCON​.  Full Article

Meggitt Expects To Have Further Discussions With Dassault Aviation In Coming Weeks
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - MEGGITT PLC ::NOTES ANNOUNCEMENT BY DASSAULT AVIATION OF CANCELLATION OF FALCON 5X PROGRAMME AND LAUNCH OF A NEW FALCON PROGRAMME.DASSAULT HAS INDICATED THAT IT EXPECTS TO RE-USE A MAXIMUM OF WORK UNDERTAKEN TO DATE ON FALCON 5X.DASSAULT INTENDS TO WORK WITH MEGGITT ON SUCCESSOR FALCON PROGRAMME.EXPECTS TO HAVE FURTHER DISCUSSIONS WITH DASSAULT AVIATION IN COMING WEEKS.HAS GOOD CONTENT ON PRATT & WHITNEY PW800 ENGINE ANTICIPATED TO BE USED IN SUCCESSOR AIRCRAFT.REMAINS POSSIBLE THAT CANCELLATION COULD LEAD TO A NON-CASH IMPAIRMENT OF SOME OR ALL OF CAPITALISED WORK UNDERTAKEN TO DATE.CURRENTLY HAS £50 MILLION OF ASSETS RELATING SPECIFICALLY TO 5X PROGRAMME.HAS £11 MILLION OF ASSETS RELATING TO SILVERCREST ENGINE ON ITS BALANCE SHEET.  Full Article

French group Suez says Qatar dredging contract worth 107 mln euros
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Suez ::* Suez says deal signed on Thursday to dredge and clean Qatar lagoon worth around 107 million euros ($126 million).* French President Emmanuel Macron said France and Qatar had signed commercial contracts worth around 12 billion euros in total nP6N1NF024.* Qatar has agreed to buy 12 more Rafale fighter planes from Dassault Aviation , will employ France's Suez to dredge and clean Qatar's lagoon and has retained France's RATP and SNCF to build and operate a metro system in Qatar..  Full Article

UPDATE 1-Thales CEO says makes sense for Europe to combine fighter projects

SINGAPORE, July 19 The head of French defence electronics group Thales, said it would make sense for major European countries to combine efforts to build a new generation of fighter jets.