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Figeac Aéro Selected to Produce Parts for the Modernized Leclerc Tank

Figeac Aéro has been chosen to manufacture parts for the French army's Leclerc tank modernization program. This five-year contract, with series production scheduled for 2027/28, comes as the company is expanding its presence in the defense sector.


Figeac Aéro Selected to Produce Parts for the Modernized Leclerc Tank

Production of Aluminum Parts for Optronics and Navigation

Through its specialized subsidiary Mécabrive Industries, Figeac Aéro will produce a range of small and medium-sized aluminum parts for the optronic and navigation systems of the French army's Leclerc tanks. Integrated into the tank's modernization programs, these systems enhance capabilities in vision, detection, recognition, and precision. Mécabrive Industries, part of Figeac Aéro's Defense & Energy division, was recognized for the competitiveness of its industrial solution in this selection process. The defense agency (DGA) and the French army initiated this program before considering a potential replacement of the tank around 2035.

A Five-Year Contract with Production Ramp-Up in 2027/28

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The contract spans five years, with series production slated for the fiscal year 2027/28. This selection reflects the determination of governments to bolster their defense capabilities amid increasing geopolitical instability, particularly in Europe where defense spending reached $900 billion in 2025, marking a 14% increase from 2024.

Figeac Aéro Strengthens Its Position in Defense

This new contract adds to the group's recent successes in the defense sector, including its involvement in aerospace defense programs such as the Rafale. Figeac Aéro has launched several strategic initiatives to enhance its production capabilities dedicated to defense activities, aiming to solidify its position in this strategic market following the completion of its PILOT 28 plan.



Sector Aéronautique / spatiale · Industrie Aérospatiale


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Context

Period
  • Period: 2025/2026
Key reported figures
  • Revenue: 486.8M€
  • EBITDA: 78.6M€
  • EBITDA margin: 16,1%
  • Net income: 0.5M€
  • Free cash flow: 36.0M€
  • 263.4M€
Guidance from the release
  • Nous avons atteint nos objectifs pour la 5e année consécutive.
  • La société a connu une croissance continue malgré un environnement difficile.
Risks mentioned
  • Impact des pertes de change sur les bénéfices.
  • Défis opérationnels dus aux augmentations de taux de production.
  • Pression accrue pour augmenter les dépenses de défense en raison des conflits géopolitiques.
Opportunities identified
  • Nouvelle initiative stratégique pour capter des opportunités de marché.
  • Impulsion de la demande dans les segments commercial et militaire.
  • Portefeuille solide en négociation, soutenant la croissance future.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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