Dassault Aviation SA
AM: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€337.00 | Fjv | Bszxsnn |
We Increase Our FVE and Are Positive on the Moat Trend As Dassault Aviation Grows Support Revenue
Business Strategy and Outlook
Dassault Aviation has an entrenched relationship with the French department of defense and is one of three global suppliers of large, long-range business jets. We are positive on the medium-term prospects for Dassault underpinned by a solid defense order backlog, the potential to regain share in the business jet market, and the opportunity to grow support and service revenue.