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Dassault eyes lead role in European new fighter jet project - CEO

Published 13/04/2018, 08:08
Updated 13/04/2018, 08:10
© Reuters. Chairman and CEO of Dassault Aviation Trappier attends a meeting with Russian President Putin outside Moscow

FRANKFURT (Reuters) - France's Dassault Aviation (PA:AVMD) aims to take the lead on the development of a new European fighter jet, its chief executive told a German magazine.

"Experience has shown, if you want a defence project to be successful it needs someone to be responsible, a leader," German weekly WirtschaftsWoche quoted Eric Trappier as saying in an interview.

France and Germany are expected to announce details of a planned new warplane at the ILA Berlin Air Show, which starts on April 25.

The project involves Dassault, MBDA, Thales (PA:TCFP) and Safran (PA:SAF) on the French side and Airbus (PA:AIR) on the German side.

"We can take the lead role," Dassault's Trappier told WirtschaftsWoche.

"The fact is: We are the only company in Europe that can built a complete fighter jet from A to Z and are the only ones who have 70 years of experience and skills," he said.

He said he did not expect resistance from Airbus if it was given a junior role in the project, according to the magazine.

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