Dassault Aviation Unveils the Falcon 10X, Its Long-Range Business Jet
Dassault Aviation has introduced the Falcon 10X, its most ambitious business aircraft, during a presentation in Bordeaux-Mérignac. This aircraft redefines the standards of comfort and performance in long-range business aviation.
The Falcon 10X features the largest cabin ever conceived for a business jet. With a width of 2.77 meters and a height of 2.03 meters, it exceeds the closest competitor by 20 centimeters in width and 5 centimeters in height. CEO Éric Trappier's goal is to 'allow passengers to live on board the aircraft as they do in their daily lives.' The cabin boasts 38 extra-large windows, nearly 50% larger than those of the Falcon 8X, and can be configured into three or four zones including dining areas, private suites, full-size bedrooms, or shower facilities. At a cruising altitude of 12,500 meters, the cabin pressure is maintained at about 900 meters, with continuously refreshed air and zone-adjustable temperatures.
Advanced Aerodynamics and Avionics
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The Falcon 10X benefits from innovations in aerodynamics, materials, avionics, and flight controls, derived from Dassault Aviation's expertise in fighter jets. The aircraft will fly at a peak speed of Mach 0.925 and has a range of 7,500 nm (13,890 km). The first business jet with an entirely composite wing combines high-lift devices and next-generation composite architecture. The NeXus cockpit is the most advanced ever installed in a business jet, featuring touchscreen displays, advanced automation tools, and a dual-standard FalconEye Enhanced Vision System. The Pearl 10X engines, developed with Rolls-Royce around the Advance2 core, generate a thrust exceeding 8,000 dN (18,000 lb), providing access to premium airports and ultra-long-range capabilities. The Falcon 10X program is now moving towards flight testing and its extensive evaluation campaign.
Le Rafale a confirmé son succès en 2025, avec la livraison du 300 ème Rafale et la commande de 26 Rafale par la Marine indienne.
Dassault Aviation présente des résultats 2025 conformes à l’évolution attendue: chiffre d’affaires consolidé IFRS de 7 426 millions d’euros, résultat opérationnel consolidé IFRS de 639 millions d’euros, résultat net consolidé IFRS de 977 millions d’euros et marge nette consolidée IFRS de 13,2%. Trésorerie disponible à 9 415 millions d’euros. Carnet de commandes consolidé à 46 596 millions d’euros et ratio book-to-bill de 1,5x. Dividendes proposés de 4,78 euros par action (payout d’environ 35%). Pour 2026, le chiffre d’affaires est anticipé autour de 8,5 milliards d’euros avec 40 Falcon et 28 Rafale prévus.
Risks mentioned
Incertitudes liées aux contextes militaires, géopolitiques et budgétaires, couplés aux droits de douane et à l’incertitude sur le SCAF.
Pression fiscale dégrade la compétitivité de la Société.
Incertitudes liées au droit de douane américain au 1er semestre 2025 et à l’évolution du Make in India.
Opportunities identified
Progression possible grâce au Make in India et à la coopération avec des partenaires indiens (DRAL, Tata Advanced Systems).
Poursuite du développement et de la modernisation des programmes Rafale/Falcon et du SCAF, ARCHANGE et ALBATROS; potentiel d’accroître les exports.
Partenariats pour une IA souveraine et maîtrisée avec AMIAD, Thales (cortAIx) et Harmattan AI.
Outlook / guidance
Expected revenue: 8,5 milliards d'euros (2026)
Management commentary: La prévision pour 2026 prévoit un chiffre d’affaires en hausse par rapport à 2025, à 8,5 milliards d’euros, soutenu par les livraisons prévues de Rafale et Falcon (40 Falcon et 28 Rafale).
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