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 $22.17 billion in orders for 2022, despite significant global challenges including geopolitical tensions, supply chain disruptions, and inflation.
The record order volume was primarily driven by military contracts for its Rafale fighter jets, accounting for $18.53 billion of the total.
A robust business jet market for Falcon jets also contributed to the strong order intake, although the company experienced a slight decrease in overall sales for the 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.