Dassault Aviation Welcomes Indian Supreme Court Ruling On Rafale Deal

(RTTNews) - French aircraft maker Dassault Aviation SA (DUAVF.PK) said that it welcomed the decision of the Supreme Court of India rendered dismissing all petitions filed on the Rafale Contract signed on 23rd September 2016 in the frame of an Inter-Governmental Agreement between India and France.

Dassault Aviation takes note of the Supreme Court conclusions establishing the absence of any irregularities in the decision making process to purchase 36 Rafale, pricing of Rafale jets and selection of Indian offset partners including Anil Ambani owned Reliance Defence by Dassault Aviation.

"The deal is absolutely clean in accordance with Indian laws and regulations, as I have stated before, and the first Falcon part is currently under delivery out of our facility in Nagpur" has declared Eric Trappier, Chairman and CEO of Dassault Aviation.

Dassault Aviation noted that it will ensure successful production in India through the Dassault Reliance Joint Venture in Nagpur as well as through a full-fledged supply chain network involving already 30 companies with which Dassault Aviation signed contracts and additional 60 companies currently under discussions.