Dassault will continue to play a strategic role for France: French Defense Minister Florence Parly

The comments come in the wake of the passing of billionaire industrialist Serge Dassault. Olivier Dassault, one of his sons has reassured Europe 1 radio that the succession plan will be smooth.

On Tuesday, French Defense Minister, Florence Parly made it clear that Dassault company will continue to play a strategic role for the French armed forces. The news comes in the wake of the death of billionaire industrialist Serge Dassault.

“This is a company in which the state cannot play down its own interests,” said Parly to the Public Senat channel during an interview and also mentioned that Dassault represents has a “strategic role” for France.

The French government will keep keep a close eye on the succession plans at Dassault company.

Serge Dassault’s group builds Rafale fighter aircrafts and also owns Le Figaro news daily.

Dassault passed away on Monday at the ripe old age of 93.

The Dassault group, was created by his father, controls Dassault Aviation and Le Figaro; it also has a majority stake in Thales and Dassault Systemes. Airbus has a 9.9% stake in Dassault Aviation while the French and German governments have both around 11% stake in Airbus.

On Tueday, Olivier Dassault, one of Serge Dassault’s sons, told Europe 1 radio, succession plans at the company would proceed smoothly.

“There is no need for concern, everything is in place, everything will go smoothly, and in total unity,” said Olivier Dassault.

2014 the Dassault Group had appointed Charles Edelstenne as a potential successor to Serge Dassault and, at that time had said, the succession would be automatic.

Currently, Edelstenne is the CEO of the group.

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