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Saturday, June 13, 2015

Dassault locks on to fourth Rafale deal

Dassault RafaleDassault Aviation’s chief executive is “convinced” he will sign a fourth contract to sell France’s Rafale fighter jet abroad this year, helping to secure the future of the once-struggling aircraft programme.

Eric Trappier told the Financial Times that he expected another deal after the summer — in addition to the nearly €10bn worth of contracts signed with Egypt and Qatar this year, and a €4bn agreement with India.

A fourth contract would be another coup for the Rafale. Before the Egypt deal in February, the 27-year-old jet — which cost more than €40bn to develop — had not won a single export order.

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