The value of the day in Paris – DASSAULT AVIATION up after … – Zonebourse.com

Title Dassault Aviation (+ 2.10% to 1 200 euros) appreciates this morning at the Paris Stock Exchange, thanks to the signing of a contract of sale of 36 Rafale to India, is the second contract export the aircraft manufacturer after the one signed by Egypt in February. The terms of the contract, the price of the order, however, estimated at around 3.6 billion euros, have not filtered, details still to be finalized by New Delhi and Dassault Aviation. The first deliveries of French fighter however expected to begin in 2017, according to various sources, and spread over three years.

However, it is assumed that all 36 units will be manufactured in France. The GOI has further reported that the agreement was clearly separated from exclusive negotiations started, there are three years for the delivery of 126 Rafale.

These, according to the Indian Prime Minister would therefore caused to continue, which could ensure a volume of additional commands. Additional good news for Dassault Aviation.

Another promising prospect, the second international contract could revive the interest of states with which the talks were stalled, such as Qatar, Malaysia, but especially the United Arab Emirates States.

The Gulf Countries, engaged in a war in Yemen and faced with rising regional threats, could, indeed, be required to strengthen its fleet faster than expected.

A view shared by Oddo Securities, which remains on the purchase value with a target price of 1,047 euros. The Studies Office welcomes, in fact, this increased international visibility.

A nice contrast to the French hunter who has long experienced all the difficulties of the world to spread its wings beyond our borders and suffered a series of setbacks, the most significant being the failed contract, in the final stretch, Brazil.

Local authorities, after much hesitation, had finally set their sights on the “Gripen” Swedish Saab.

Finally, Dassault Aviation addition, de facto front line on this, the implementation of this agreement also benefits the manufacturers Thales, which provides the Rafale electrical systems, and Safran, responsible for its engine. The two companies have been partners for 25% each on this program.

(SH)