Airbus, Dassault join hands for new project

BERLIN (Reuters) – Airbus (AIR.PA) and Dassault Aviation (AVMD.PA) have signed an initial agreement for cooperation on Europe’s Future Air Combat System (FCAS), the two companies said on Wednesday.

The two companies are awaiting from the French and German government details on the exact requirements for the program, which is set to include a fighter jet, unmanned aerial vehicles, connectivity and secure communications.

“It’s a really important moment to stabilize the European defense industry and work together in a structured manner,” Airbus Defense and Space CEO Dirk Hoke told reporters at the Berlin air show.

The two companies want to ensure that Europe retains sovereignty over its future weapons systems, Eric Trappier, CEO of Dassault Aviation said.

“I don’t feel that if other European countries buy off the shelf American products that you contribute to strategic autonomy,” Trappier said.