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Dassault Aviation releases half-year 2021 results

Posted 22 July 2021 · Add Comment

The Board of Directors has approved the 2021 half year financial statements and has confirmed its guidance for the remaining half of the year.

“The first half of 2021 saw contracts for the Rafale Export and Rafale France, the Falcon 6X maiden flight, the resumption of Falcon orders, the Falcon 10X reveal and its first orders”, said Éric Trappier, Chairman and Chief Executive Officer of Dassault Aviation.

In the military aircraft segment, the year began with the sale to Greece of 18 Rafale (6 new and 12 preowned aircraft currently in service with the French military), followed by the sale to France of 12 additional Rafale to replace the 12 pre-owned aircraft sold to Greece, bringing the total Rafale France ordered up to 192.

Egypt also signed a contract to purchase an additional 30 Rafale, bringing the number of Rafale in service in the Egyptian Air Force to 54. The contract shall enter into force upon receipt of the first down payment and therefore it is not included in the backlog as of June 30, 2021. Croatia announced that it had selected the Rafale with a view to acquiring 12 pre-owned aircraft from France. During the first half of the year, Dassault delivered 13 Rafale Export (India and Qatar) and continued to support the French and Export fleets.

Active discussions and negotiations for the FCAS continued during the first half of 2021.

The contract for the Eurodrone, a medium-altitude, long-endurance drone, between the OCCAR and Airbus Defence and Space has been negociated. Notification is expected in second half 2021. 

In the civil aircraft segment, The development efforts started to show results with the successful maiden flight of the Falcon 6X on March 10, 2021, (this flight has been dedicated to Olivier Dassault who died tragically in March 2021) demonstrating the maturity of the program and paving the way for pre-certification testing. On May 6, 2021, Dassault unveiled the Falcon 10X, our new long-range business jet featuring the most spacious cabin on the market. The business aviation market showed encouraging signs of improvement during the first half of 2021, particularly with the recovery of air travel in the United States.

Dassault delivered 6 Falcon during the first half of the year and booked 25 new aircraft orders (vs.16 deliveries and 5 orders in 1st half 2020).

Dassault 2021 guidance remains unchanged: delivery of 25 new Rafale and 25 new Falcon and increase in net sales.

 

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