Airbus and Dassault reach tentative deal on FCAS fighter, source says By Reuters

<iframe src=”//rcm-na.amazon-adsystem.com/e/cm?o=1&p=22&l=ur1&category=homegarden&banner=02NMTC702K4D0VHE1SR2&f=ifr&linkID=17e0b4ac3a719000706e772761d8ae0e&t=forexz-20&tracking_id=forexz-20″ width=”250″ height=”250″ scrolling=”no” border=”0″ marginwidth=”0″ style=”border:none;” frameborder=”0″></iframe>

© Reuters. FILE PHOTO: A French Air Force Airbus A400M is seen on the tarmac at the factory of French aircraft manufacturer Dassault Aviation in Merignac

PARIS (Reuters) – Industrial partners including Airbus and Dassault Aviation have reached a tentative deal on the European FCAS fighter project after weeks of deadlock over workshare and other topics, a person close to the matter said on Friday.

The agreement, first reported by La Tribune, paves the way for talks to resume at a political level among the project’s three government backers, France, Germany and Spain, the source said.

Airbus and Dassault both declined to comment.

The Future Combat Air System (FCAS) is designed to replace the German-Spanish Eurofighter and Dassault’s Rafale with a combination of manned and unmanned aircraft from 2040.

First floated by German Chancellor Angela Merkel and French President Emmanuel Macron in 2017, the programme has been dogged by political differences as well as corporate disagreements.

It is also up against the rival BAE Systems-led Tempest fighter project involving Britain, Sweden and Italy.

A joint proposal from European defence group Airbus and Dassault still faces outstanding issues, including intellectual property matters, Dassault Chief Executive Eric Trappier said last month.

Dassault had accepted that Airbus will receive a larger overall share of FCAS work but remained ready to pursue a “Plan B” alternative if the talks failed, Trappier also said.

The industrial partners in the aircraft programme are Airbus on behalf of Germany, France’s Dassault and Indra of Spain.

Separate negotiations have been taking place with engine suppliers Safran (PA:) of France, MTU Aero in Germany and ITP, a Spanish subsidiary of Rolls Royce (LON:).

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


4 + 4 =