France’s Dassault Aviation and the German arm of Airbus are leading a programme to build Europe’s next fighter jet - Jeanne Accorsini/AFP A Franco-German pact to build Europe’s next-generation fighter jet is in danger of falling apart after a public spat between the two companies leading the programme. A war of words has broken out between France’s Dassault Aviation and the German arm of Airbus over who should lead work on the €100bn (£85bn) project and how it should be run. Eric Trappier, Dassault’s boss, suggested that Berlin was more concerned with the cost of the fighter jet than its ability to succeed in battle. Mr Trappier said: “We have to see whether we may be capable to be together. Because we are not developing peanuts, we are developing fighters the armed forces need to get the best from. “In defence there is no need to look at profit. You need to look at performance. When you have to face Russian fighters and even Chinese fighters tomorrow, you need to be the best. “The idea of cooperation is not only to cooperate. It’s also to design and develop the best fighters in the world.” He added that Germany must accept French leadership on the programme or leave. Paris-based Dassault makes the Rafale fighter jet, the successor to the iconic Mirage, and Mr Trappier suggested this made his company uniquely qualified to run the project.Dassault makes the Rafale fighter jet, the successor to the iconic Mirage - Bertrand Guay/AFP via Getty Images Mr Trappier told Bloomberg TV: “We should be the leader, not because we want to be the leader but because we are the only ones to really master the technology.” Airbus hit back by saying Dassault risked turning the alliance “toxic”. ‘It doesn’t have to become toxic’ The embarrassing public spat threatens to undermine the alliance at a time when European leaders are seeking closer alignment on rearmament. It may also boost the fortunes of a rival British fighter jet project, led by BAE Systems. Mr Trappier, who was speaking at the Paris Air Show, said that Airbus was free to join a rival group led by Britain’s BAE if it could not accept a secondary role on the project. Airbus is already a member of the Eurofighter consortium alongside BAE, Italy and Japan. He suggested that Dassault was a reluctant partner of Airbus on the fighter programme known as the Future Combat Air System (FCAS), which was borne out of the Brexit vote in 2016.Eric Trappier, Dassault’s boss, suggests Germany is more concerned with the cost of the jet than its ability in battle - Nathan Laine/Bloomberg Mr Trappier said: “At that time in 2017 we were with BAE to try to develop a future combat vehicle. But there was a change in politics, they wanted to get us to be with Germany.” He added that Dassault would be prepared to “go alone.” “I am French, I support the French armed forces. The French air force has a certain experience in Europe, we have the deterrence capability, the nuclear capability. Story Continues “Which means that we have independent technology, this long outstanding experience in fighters, if Europe wants to do something they need to rely on this experience.” Speaking at a separate briefing during the exhibition, Jean-Brice Dumont, head of air power at Airbus, said: “It doesn’t have to become toxic. But the political will has to be there, otherwise it doesn’t happen.” The spat comes as EU leaders scramble to spend €800bn rearming the continent by the end of the decade. Brussels has approved a massive spending commitment to build new tanks, ammunition and weaponry founded on a promise to “buy European”. The rift threatens to undermine the united front EU leaders have sought to present on defence. View Comments
Row erupts between France and Germany over next-generation fighter jet
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more
Start Your Free Trial Now!Download Free Report – Explore 3 Stock Ideas & Industry Insights
Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.
All investments involve risk—consider independent advice before making any investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...