Dassault’s Order Book Strengthening With Additional Qatar Rafale Agreement
After securing more than EUR 14 billion in orders in 2015 and 2016, which will fuel revenue over our five-year forecast period, narrow-moat Dassault Aviation signed an agreement with the Qatar Armed Forces for an additional 12 Rafale Fighter jets, raising the number of Rafale aircraft operated by Qatar Emir Air Force to 36, with the first delivery expected in 2018. Dassault is the primary manufacturer of this fighter jet, with 60% of the equipment value on the aircraft (the other industrial part...
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