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...conference on Thursday to boost the country's arms exports, by fast-tracking deals and aggressively seeking new business. Rare, considering the usually secretive nexus of government defense bureaucrats and the arms industry, French defense minister Hervé Morin met reporters for an hour, surrounded by top officials from Dassault Aviation and Thales, two of France's biggest defense companies, and told them that it was "a priority to revive our arms exports...

Author: /time Magazine | Title: French Defense Execs Woo Gaddafi | 12/14/2007 | See Source »

...Sarkozy's welcome of Gaddafi concerns a bigger ticket issue than human rights - arms deals worth potentially about $5.86 billion and thousands of French jobs. Gaddafi has agreed to negotiate exclusively with France for six months to buy 14 Rafale fighter jets, made by Dassault Aviation, and 35 combat and transport helicopters. For France, the deal is crucial in reviving its faltering arms industry against the United States and Russia. Six years after the first Rafale jet was built, France has yet to sell a single new fighter abroad...

Author: /time Magazine | Title: French Defense Execs Woo Gaddafi | 12/14/2007 | See Source »

...business aircraft worldwide. The FAA forecasts that at least 9,000 new corporate jets will be delivered over the next decade, adding 10% more annual flying time compared with 3% for commercial jets. That provides an estimated $227 billion to corporate jet manufacturers, such as Bombardier, Embraer and Dassault. Roberts adds that the new very light jet category alone could account for up to 4,000 deliveries over the next 10 years. (Honda's first foray into the business jet market, the twin-engined advanced light jet, is expected to roll...

Author: /time Magazine | Title: A Dogfight Over Private Jets | 6/13/2007 | See Source »

...March, French aviation firm Dassault bought an 82% share in conservative Le Figaro. Last week Libération, the feisty left-leaning tabloid daily, was getting the eye from Edouard de Rothschild, scion of the banking family. The real acid test will come, however, with Le Monde, which is seeking €50 million in new investment and is in talks with defense and media conglomerate Lagardère, as well as Madrid's daily El País. If it gets the new funds, Le Monde will have to pay for layoff packages for about 90 employees, work down...

Author: /time Magazine | Title: Trouble at Le Monde | 12/5/2004 | See Source »

...INDICATORS Lining Up The Soldiers Aircraftmaker Groupe Dassault will boost its stake in Socpresse, owner of periodicals such as Le Figaro, from 30% to 80%. The move strengthens ties between the French media and defense industry; Lagardère, owner of magazine powerhouse Hachette, has a 15% stake in defense concern EADS...

Author: /time Magazine | Title: Biz Watch | 3/21/2004 | See Source »

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