Dassault Aviation New (DUAVF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to this press conference. We will introduce the numbers for 2025, but we'll start off as usual with a little movie. Eric Trappier unveiled in Istres the first Rafale built for the United Arab Emirates Air Force in the presence of the French Minister of Defense and the UAE Minister of State Defense. The aircraft will be used by Dassault Aviation's flight test center to develop the UAE's specific Rafale standard produced in line with the contract schedule. This first aircraft reflects Dassault Aviation's commitment to meeting its commitments to customers' expectations. Deliveries will start beginning in late 2026. Eric Trappier received the Strategist of the Year Award from Prime Minister Bayrou. Created in 1980, the award honors a business leader selected by the readers of Les Echos and by a jury of leading French figures from the industrial and economic sectors. Dassault Aviation took part in the IDEX exhibition in February in Abu Dhabi in the UAE. We will also attend the Aero India Airshow. Two one-fifth scale models were displayed on the stand of Rafale C in Indian Air Force livery, and the Rafale Marine Dassault Group won the 38th edition of the Course du Coeur, a major event raising awareness about organ donation and transplant. a sporting challenge, but above all, a powerful and inspiring human experience. The contract for India's acquisition of 26 Rafale aircraft in the naval version was signed on 28 April in New Delhi. Outside France, India will be the first country to operate the Rafale M. This decision reflects The Indian Authority's satisfaction with the aircraft's capabilities and the intention to expand its operational role. It also provides further evidence that the Rafale is a key instrument of national sovereignty. The contract...