During a press conference on 05 March 2025, Éric Trappier, Chairman and CEO of Dassault Aviation, presented 2024 annual results.

“Driven by the commercial success of the Rafale, particularly the 30 Export Rafale ordered in 2024, Dassault Aviation’s backlog continues to grow. It stood at a new record of EUR 43.2 billion as of December 31, 2024, consisting of 299 aircraft (164 Export Rafale, 56 Rafale France and 79 Falcon),” Trappier said.

“A total of 507 Rafale have been ordered since the beginning of the program: 273 Export Rafale and 234 Rafale France.

Net sales in 2024 amounted to EUR 6.2 billion, versus guidance in the range of EUR 6 billion. 21 Rafale (14 France and 7 Export) and 31 Falcon aircraft were delivered.

Adjusted operating income amounted to EUR 519 million, i.e. an operating margin of 8.3%. The record adjusted net income stood at EUR 1.1 billion, i.e. a net margin of 17.0%,” he added.

In 2024, the international context was still marked by the war on Europe’s doorstep and international tensions. Inflation in 2024 confirmed the decrease that began in 2023. In France, the domestic situation was impacted by political instability, with four different governments in 2024, which weighed on the country’s economic actors; the increases in mandatory charges passed in early 2025 will impact companies’ result. The arrival of the new President of the United States will impact Europe’s economic and defense policy.

Dassault Aviation is continuing to ramp up production of the Rafale against a backdrop of persistent external and internal supply chain issues. These supply chain difficulties have led to catch-up plans.

In this context, 2024 saw:

• The continued success of the Rafale with 30 Export Rafale ordered by two new customers: Indonesia with 18 Rafale, bringing the total ordered to 42, and Serbia with 12 Rafale. Serbia is the eighth export customer for the Rafale and the third European export country.

• The delivery of 21 Rafale out of a target of 20, including 14 to France and 7 for Export (all 24 Rafale ordered by Greece have now been delivered). 13 Rafale were delivered in 2023.

• The order for 26 Falcon in 2024, compared with 23 in 2023.

• The delivery of 31 Falcon, including the first Falcon 6X, with a target of 35. 26 Falcon were delivered in 2023.

• The announcement by the French Minister of the Armed Forces of the development launch of the Unmanned Combat Aerial Vehicle (UCAV) that will complement the future Rafale F5 standard (after 2030). This UAV will be complementary to the Rafale and suited to collaborative combat. It will benefit from the achievements of the nEUROn program.

Regarding developments, the continuation of work on:

• The execution of the F4 standard development contract
• The Falcon 10X development, with the first deliveries scheduled for the end of 2027
• The phase 1B of the NGF (New Generation Fighter) demonstrator within the framework of FCAS
• The development of the Avsimar and Archange mission aircraft