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The story
Founded by Marcel Bloch and Marcel Dassault on Jan 1, 1971.1
The Société des Avions Marcel Bloch was founded by Marcel Bloch in 1929. In 1935 Bloch and Henry Potez entered into an agreement to buy Société Aérienne Bordelaise (SAB), subsequently renamed Société Aéronautique du Sud-Ouest. In 1936 the arms industry in France was nationalised as the Société Nationale de Constructions Aéronautiques du Sud Ouest (SNCASO). Marcel Bloch was asked to act as delegated administrator of the Minister for Air. During the occupation of France by Nazi Germany the country's aviation industry was virtually disbanded. Marcel Bloch, being Jewish, was imprisoned by the Vichy government in October 1940. In 1944, Bloch, French Jewish individual, was deported to the Buchenwald concentration camp by the German occupiers where he remained until it was liberated on 11 April 1945.
On 10 November 1945, at an extraordinary general meeting of the Société Anonyme des Avions Marcel Bloch the company voted to change its form to a limited liability entity, Société des Avions Marcel Bloch, which was to be a holding company. On 20 January 1947 Société des Avions Marcel Bloch became Société des Avions Marcel Dassault to reflect the name adopted by Marcel Bloch's brother (Darius Paul Dassault) while being active in the French Resistance.
In 1954, Dassault established an electronics division (by 1962 named Electronique Marcel Dassault), the first action of which was to begin the development of airborne radars, soon followed by seeker heads for air-to-air missiles, navigation, and bombing aids. From the 1950s to late 1970s exports become a major part of Dassault's business; major successes were the Dassault Mirage series and the Mystere-Falcon.
In 1965 and 1966, the French government stressed to its various defense suppliers the need to specialize to maintain viable companies. Dassault was to specialise in combat and business aircraft, Nord Aviation in ballistic missiles and Sud Aviation civil and military transport aircraft and helicopters. (Nord Aviation and Sud Aviation would merge in 1970 to form Aérospatiale which would itself later merge with 2 other firms and become EADS (now Airbus).)
On 27 June 1967, Dassault (at the urging of the French government) acquired 66% of Breguet Aviation. Under the merger deal Société des Avions Marcel Dassault was dissolved on 14 December 1971, with its assets vested in Breguet, to be renamed Avions Marcel Dassault-Breguet Aviation (AMD-BA).
Dassault Systèmes was established in 1981 to develop and market Dassault's CAD program, CATIA. Dassault Systèmes was to become a market leader in this field.
In 1979, the French government took a 20% share in Dassault and established the Societé de Gestion de Participations Aéronautiques (SOGEPA) to manage this and an indirect 25% share in Aerospatiale (the government also held a direct 75% share in that company). In 1998 the French government transferred its shares in Dassault Aviation (45.76%) to Aerospatiale. On 10 July 2000, Aérospatiale-Matra merged with other European companies to form EADS (presently Airbus).
In 2000, Serge Dassault resigned as chairman and was succeeded by Charles Edelstenne. Serge Dassault was appointed honorary chairman. The American company Atlantic Aviation based in Wilmington, Delaware, was acquired in October 2000.
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Airbus sold some of its ownership back to Dassault in 2014, and further reduced its share to 27% in 2015 then to 10% in 2016.
In April 2024, it was announced that Serbia would sign a deal with Dassault worth £3 billion. This was the largest weapons deal in Serbian history.
From Wikipedia’s article on Dassault Aviation, shared under CC BY-SA 4.0.5