December 21, 2014 6:25 AM ET

Aerospace and Defense

Company Overview of Groupe Industriel Marcel Dassault S.A.

Company Overview

Groupe Industriel Marcel Dassault S.A., through its subsidiaries, operates in civil aviation and military sectors. It organizes and promotes sales of business jets for America, Asia, and the Pacific; and provides services for Falcon jets, including scheduled maintenance, cabin upgrading and renovation, engine retrofits, avionic modifications, equipment revisions, and overhaul and repairs. The company also offers support services and products for civilian and defense-sector aeronautic systems; provides a range of educational and practical training solutions for aeronautic military personnel, such as training centers, simulator networks, mission training and simulation, procedural training, ma...

9, rond point des Champs-Élysées

Marcel Dassault

Paris,  75008

France

Founded in 1930

Phone:

33 1 53 76 93 00

Fax:

33 1 53 76 93 60

Key Executives for Groupe Industriel Marcel Dassault S.A.

Chairman and Chief Executive Officer
Age: 88
Chief Operating Officer and Member of Supervisory Board
Age: 61
Managing Director
Managing Director
Age: 54
Compensation as of Fiscal Year 2014.

Groupe Industriel Marcel Dassault S.A. Key Developments

Airbus To Sell Off Stake In Dassault

Airbus Group N.V. (ENXTPA:AIR) aims to oversee the complete sale of Airbus's 4.8 billion-euro stake in Dassault Aviation SA (ENXTPA:AM) by the end of 2015, two people familiar with the matter said. Plans to reduce the 46.3% stake were put on hold due to market volatility and Airbus Group said earlier this month there would be a second window of opportunity in early 2015. Airbus and Dassault Aviation both declined to comment. It remained unclear whether Airbus would seek to put all its remaining shareholding on the market or whether Groupe Industriel Marcel Dassault S.A., which controls 50.6% of Dassault Aviation, would also buy part of the stock not included in the direct buyback.

Dassault Denied Reports To Acquire Parisien-Aujourd'hui en France

Groupe Industriel Marcel Dassault S.A. is not seeking to acquire Le Parisien-Aujourd'hui en France of SNC Le Parisien Libere. Le Monde earlier reported that Dassault seeks to acquire Le Parisien-Aujourd'hui en France.

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