Dassault Aviation

EADS holds a 46.3% stake in Dassault Aviation – listed on the Marché Eurolist of Euronext Paris – along with Groupe Industriel Marcel Dassault (“GIMD”) 50.2% and free float 3.5%.

Dassault Aviation is a major player in the world market for military jet aircraft and business jets. Founded in 1945, Dassault Aviation has delivered more than 7,500 military and civil aircraft to purchasers in more than 75 countries. On the basis of its experience as designer and industrial architect of complex systems, Dassault Aviation designs, develops and produces a range of military aircraft and business jets. In order to avoid any potential conflict between the military products of Dassault Aviation and EADS (Rafale and Eurofighter) and to facilitate a “Chinese wall” approach, EADS’ Dassault Aviation shareholding is managed by Strategic Coordination, whereas the Eurofighter program is managed by EADS’ Defence & Security Division.

Military Aircraft

Dassault Aviation offers a wide expertise in the design and manufacture of latest generation military combat aircraft.

Rafale. The Rafale is a twin-engine, omni-role combat aircraft developed for both Air Force and Navy applications. According to government budgetary documents, France is considering the acquisition of 294 Rafale, 234 for the Air Force and 60 for the Navy, for a total program cost of €32.3 billion. 120 aircraft have already been ordered; of these, 82 are destined to the Air Force, and 38 to the Navy.

Mirage 2000. The Mirage 2000 family has reached in 2005 the end of its production phase. More than 600 Mirage 2000 aircraft have already been ordered, nearly half of them by foreign countries.

nEUROn. Dassault Aviation is the prime contractor for the development of Europe’s UCAV (Unmanned Combat Air Vehicle) demonstrator, nEUROn. The program was open to European cooperation and five countries have decided to join it and share the skills of their aerospace industries. Agreements have been signed in 2005 with Sweden, Greece, Switzerland, Spain and Italy at Government levels and MoUs have been agreed upon on Saab, HAI, RUAG, EADS and Alenia at the industrial level.

The nEUROn demonstrator is scheduled to fly in 2011.

Business Aircraft

Dassault Aviation offers a wide range of products at the top end of the business jet sector. Over 1,650 Falcon business jets have been delivered since the first Falcon 20 delivery in 1965. In-service Falcons currently operate in over 65 countries worldwide, filling corporate, VIP and government transportation roles. The family of Falcon jets currently includes four tri-jets: the Falcon 50EX, 900C, 900EX and 7X; the twin-engine Falcon 2000 and the Falcon 2000EX EASy.

The year 2005 was the best ever for the Falcon business jets with a total of 123 firm orders and a total backlog of more than 200 aircraft at year-end. Several significant milestones were also achieved: May saw the first flights of Falcon 7X and 900DX, and in 2005 the new 2000DX was launched.

Dasa-Dornier Luftfahrt

DADC, which is 75% held by EADS, holds a 93.6% stake in Dornier GmbH, which in turn holds a 1.58% stake in the capital of Fairchild Dornier Luftfahrt Beteiligungs GmbH, which is the sole shareholder of Dornier Luftfahrt GmbH. Through this minority interest, EADS is not involved in any business decision regarding Dornier Luftfahrt.