Dassault Aviation Reports Record Aircraft Orders, Increased Net Income for 2022

The French manufacturer of Falcon business jets and Rafale fighters said numerous economic difficulties arose in 2022.

Jonathan Welsh

Thursday, March 09, 2023 at 01:39 PM ET

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Dassault's Rafale fighter jet [Shutterstock]

Key Takeaways:

Dassault Aviation reported increased earnings and a record volume of orders in 2022, successfully navigating challenges such as supply chain disruptions and geopolitical tensions.
The record orders were primarily driven by substantial military contracts for its Rafale fighters, alongside a strong performance in the business jet market for its Falcon jets.
Despite the rise in net income and orders, the company experienced a decrease in overall sales compared to the previous year.

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Dassault Aviation said it finished 2022 with increased earnings and a record volume of orders despite a range of challenges including the war in Ukraine and related sanctions, supply chain difficulties, and a tight labor market.

The French company reported net income of about $757.8 million, or $9.12 per share, compared with $640.5 million, or $7.70 per share, during the previous year. Sales decreased to $7.35 billion from $7.67 billion during 2021.