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    AIR   NL0000235190

AIRBUS SE

(AIR)
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Real-time Euronext Paris  -  11:37:52 2023-01-26 am EST
120.94 EUR   +0.67%
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Dassault Aviation head cautions that FCAS warplane deal is not done yet

11/21/2022 | 07:16am EST
FILE PHOTO: A Dassault Aviation logo is pictured during EBACE in Geneva

PARIS (Reuters) - Eric Trappier, the head of French company Dassault Aviation, cautioned on Monday that a deal over developing the new FCAS fighter jet was not formally completed yet.

The German government said last Friday that France, Germany and Spain had reached agreement on starting the next phase of development of the new fighter jet dubbed FCAS, Europe's largest defence project which has an estimated cost of more than 100 billion euros ($102.32 billion).

"There was a sort of pseudo-political announcement that was made. I think that the German approvals - which were hard to get - had come out and that in turn led to some leaks. But it is not yet done," Trappier told RTL Radio.

France's Dassault Aviation, Airbus and Indra - the latter two representing Germany and Spain, respectively - are involved in the scheme to start replacing French Rafale and German and Spanish Eurofighters from 2040.

($1 = 0.9773 euros)

(Reporting by Myriam Rivet; Editing by Sudip Kar-Gupta)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 0.67% 120.94 Real-time Quote.8.94%
DASSAULT AVIATION 0.70% 157.4 Real-time Quote.-0.51%
INDRA SISTEMAS, S.A. 1.90% 11.29 Delayed Quote.6.01%
MTU AERO ENGINES AG 1.96% 229.4 Delayed Quote.13.45%
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Financials
Sales 2022 58 552 M 63 540 M 63 540 M
Net income 2022 3 930 M 4 264 M 4 264 M
Net cash 2022 8 843 M 9 597 M 9 597 M
P/E ratio 2022 24,2x
Yield 2022 1,42%
Capitalization 95 239 M 103 B 103 B
EV / Sales 2022 1,48x
EV / Sales 2023 1,27x
Nbr of Employees 131 615
Free-Float 74,1%
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Number of Analysts 18
Last Close Price 120,94 €
Average target price 144,47 €
Spread / Average Target 19,5%
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Managers and Directors
Guillaume Faury Chief Executive Officer & Director
Dominik Asam Chief Financial Officer
RenÚ Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
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