Dassault Aviation Explained

Dassault Aviation SA
Type:Société Anonyme
Traded As:
CAC Mid 60 Component
Key People:Éric Trappier
(Chairman and CEO)
Industry:Aerospace
Defense
Space industry
Products:Civil aircraft
Military aircraft
Space activities
Revenue: (2022)
Operating Income: (2022)
Net Income: (2022)
Assets: (2022)
Equity: (2022)
Num Employees:12,768 (2022)
Parent:Dassault Group
Location:Paris, France
Footnotes:[1]

Dassault Aviation SA (in French pronounced as /daˈso/) is a French manufacturer of military aircraft and business jets. It was founded in 1929 by Marcel Bloch as Société des Avions Marcel Bloch (Marcel Bloch Aircraft Company) or "MB". After World War II, Marcel Bloch changed his name to Marcel Dassault, and the name of the company was changed to Avions Marcel Dassault on 20 January 1947.

In 1971 Dassault acquired Breguet, forming Avions Marcel Dassault-Breguet Aviation (AMD-BA). In 1990 the company was renamed Dassault Aviation, and is a subsidiary of Dassault Group.

Dassault Aviation has been headed by Éric Trappier since 9 January 2013.[2]

History

The Société des Avions Marcel Bloch was founded by Marcel Bloch in 1929.[3] In 1935 Bloch and Henry Potez entered into an agreement to buy Société Aérienne Bordelaise (SAB), subsequently renamed Société Aéronautique du Sud-Ouest.[4] In 1936 the arms industry in France was nationalised as the Société Nationale de Constructions Aéronautiques du Sud Ouest (SNCASO). Marcel Bloch was asked to act as delegated administrator of the Minister for Air. During the occupation of France by Nazi Germany the country's aviation industry was virtually disbanded.[5] Marcel Bloch was imprisoned by the Vichy government in October 1940. In 1944 Bloch was deported to the Buchenwald concentration camp by the German occupiers where he remained until it was liberated on 11 April 1945.

On 10 November 1945, at an extraordinary general meeting of the Société Anonyme des Avions Marcel Bloch the company voted to change its form to a limited liability entity, Société des Avions Marcel Bloch, which was to be a holding company. On 20 January 1947 Société des Avions Marcel Bloch became Société des Avions Marcel Dassault to reflect the name adopted by its owner.

In 1954, Dassault established an electronics division (by 1962 named Electronique Marcel Dassault), the first action of which was to begin the development of airborne radars, soon followed by seeker heads for air-to-air missiles, navigation, and bombing aids. From the 1950s to late 1970s exports become a major part of Dassault's business, major successes were the Dassault Mirage series and the Mystere-Falcon.

In 1965 and 1966, the French government stressed to its various defense suppliers the need to specialize to maintain viable companies. Dassault was to specialise in combat and business aircraft, Nord Aviation in ballistic missiles and Sud Aviation civil and military transport aircraft and helicopters.[6] (Nord Aviation and Sud Aviation would merge in 1970 to form Aérospatiale which would itself later merge with 2 other firms and become EADS (now Airbus)).

On 27 June 1967, Dassault (at the urging of the French government) acquired 66% of Breguet Aviation. Under the merger deal Société des Avions Marcel Dassault was dissolved on 14 December 1971, with its assets vested in Breguet, to be renamed Avions Marcel Dassault-Breguet Aviation (AMD-BA).Dassault Systèmes was established in 1981 to develop and market Dassault's CAD program, CATIA. Dassault Systèmes was to become a market leader in this field.

In 1979 the French government took a 20% share in Dassault and established the Societé de Gestion de Participations Aéronautiques (SOGEPA) to manage this and an indirect 25% share in Aerospatiale (the government also held a direct 75% share in that company). In 1998 the French government transferred its shares in Dassault Aviation (45.76%) to Aerospatiale. On 10 July 2000, Aérospatiale-Matra merged with other European companies to form EADS (presently Airbus).

In 2000 Serge Dassault resigned as chairman and was succeeded by Charles Edelstenne. Serge Dassault was appointed honorary chairman. The American company Atlantic Aviation based in Wilmington, Delaware, was acquired in October 2000.

Airbus sold some of its ownership back to Dassault in 2014,[7] and further reduced its share to 27% in 2015 then to 10% in 2016.[8]

In April 2024, it was announced that Serbia would sign a deal with Dassault worth £3 billion. This was the largest weapons deal in Serbian history. [9]

Subsidiaries

Sogitec, a wholly owned subsidiary of Dassault, makes advanced avionics simulation, 3D imaging, military flight simulators, and document imaging systems.

Products

Military

Civilian

Facilities and offices

Production

Service Facilities

Sales Offices

DAS Network

See also

References

Notes and References

  1. Web site: 2022 Annual Report . 9 August 2023 . Dassault Aviation SA.
  2. Web site: Dassault Names Eric Trappier as Chief to Succeed Edelstenne . https://archive.today/20130624185224/http://www.businessweek.com/news/2012-12-18/dassault-aviation-names-trappier-as-chief-to-succeed-edelstenne . dead . 2013-06-24 . Bloomberg Businessweek . 2012-12-18 .
  3. Web site: Marcel Bloch and Dassault – Aircraft in Focus. aircraft-in-focus.com. 4 July 2018.
  4. Web site: 1916-2012 Dassault Aviation, Du Mystere Au Rafale – Les Echos. archives.lesechos.fr. fr. 4 July 2018. April 2012.
  5. Dassault Aviation History, 1916 to this day: During the War . Accessed 5 January 2006.
  6. Dassault Aviation History, 1916 to this day: The company's successive reorganizations. Accessed 5 January 2006.
  7. Trautvetter, Chad. "Airbus Begins Selling Off Stake in Dassault Aviation" AINonline, 2 December 2014.
  8. Dassault Aviation "Dassault Aviation shareholding" Dassault Aviation, 31 December 2016.
  9. Web site: Serbia to buy French fighter jets in pivot away from Russia . 2024-04-15 . www.ft.com.