French planemaker Dassault Aviation reported first-half net sales of 2.54 billion euros ($2.76 billion), up from 2.30 billion euros last year. The increase came from delivering 12 Falcon business jets and six Rafale jets for France. However, supply chain issues still caused some production delays.
“There are many shortages in our production lines due to supplier inefficiencies in some cases, especially in the aerostructure sector,” the company stated. Despite these challenges, Dassault Aviation reaffirmed its forecasts for the year.
France has become the second-largest arms exporter globally, behind the U.S. Major deals for Dassault’s Rafale fighter jets with Qatar, Egypt, and India have boosted its position. “In response to the President’s call for increased defense production, I instructed Dassault Aviation employees to prioritize Rafale production for both France and exports,” said CEO Éric Trappier.
Defense companies are experiencing increased demand as Western countries enhance their military capabilities in response to Russia’s invasion of Ukraine. Dassault’s order backlog was 41.16 billion euros at the end of June, including 223 Rafale jets and 83 Falcon business jets. Adjusted operating income for January-June rose to 170 million euros from 151 million euros last year.
Dassault Aviation is a leading French aerospace company known for its expertise in both military and civilian aircraft. Founded in 1929 by Marcel Dassault, the company has a rich history of innovation and excellence in aviation. It produces the renowned Rafale fighter jets, used by several countries’ air forces, and the Falcon series of business jets, recognized for their advanced technology and luxurious design.
Headquartered in Paris, Dassault Aviation employs thousands of skilled professionals dedicated to research, development, and manufacturing. The company continues to be a key player in the global aerospace industry, combining cutting-edge technology with a commitment to quality and performance.
