Dassault Aviation and BAE Systems welcome EU150 million / PS120 million FCAS study by French and UK Governments

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| Source: Dassault Aviation

Farnborough, UK, July 15, 2014 (GLOBE NEWSWIRE) -- Dassault Aviation and BAE Systems welcome the signing of a €150 million / £120 million 2 Year cooperative feasibility phase for a potential follow-on Future Combat Air System Demonstration Programme by the French and UK governments, at a Programme Arrangement signing which took place at Farnborough International Air Show Tuesday 15th July.

The signing formalizes the Statement of Intent announced by the two governments at the French UK summit held on 31 January 2014, with the contract due to commence this Autumn.

This work continues the cooperation at both a strategic and industrial level in the future combat air system arena between France and the UK since the signing of a bilateral treaty in 2010, and builds upon the success of existing national programmes such as nEUROn in France and Taranis in the UK.

Eric Trappier, Chairman and CEO of Dassault Aviation, and Ian King, CEO of BAE Systems, said: "This represents a key step in our partnership and provides a joint roadmap for cooperation between our companies that could ultimately lead to a joint FCAS programme in the future".

About Dassault Aviation
With over 8,000 military and civil aircraft delivered to 83 countries over the last 60 years, logging some 28 million hours in flight, Dassault Aviation has built up expertise recognized worldwide in the design, development, sale and support of all types of aircraft, ranging from the Rafale fighter to the high-end Falcon family of business jets and military drones. Dassault Aviation posted sales of 4.59 billion euros in 2013, and has nearly 11,600 employees.

www.dassault-aviation.com

About BAE Systems
At BAE Systems, we serve the needs of our customers by delivering a wide range of advanced defence, aerospace and security solutions that provide a performance edge. We work together with local partners to develop, engineer, manufacture and support the innovations that increase defence sovereignty, sustain economies and safeguard commercial interests. With some 84,600 employees in six continents, we are committed to creating solutions that protect and strengthen nations, commerce, communities and people.

www.baesystems.com

                                                                                                                                                                                                                                                         
For more information, please contact:

Mathieu Durand, Dassault Aviation
O: +33 (0)1 47 11 85 88
E: mathieu.durand@dassault-aviation.com

Adam Morrison, BAE Systems
M: +44 (0) 752 5390393
E: adam.morrison@baesystems.com

Kate Watcham, BAE Systems
M: +44 (0) 7793 420731
E: kate.watcham@baesystems.com

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Dassault Aviation and BAE Systems welcome €150 million / £120 million http://hugin.info/143388/R/1825471/632361.pdf

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