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DUAVF - Dassault Aviation: Undervalued Defense Play
Dassault Aviation
In recent months, we started to accumulate shares in defense companies, since they’ve proved to be resilient to the ongoing health and the economic crisis, and Dassault Aviation (OTCPK:DUAVF) has become one of our latest purchases. We believe that the downside of owning the company’s shares is limited and its business will thrive thanks to its importance to the French defense sector. Dassault Aviation is currently in the midst of delivering 180 Rafale fighter jets to the French Air Force and as more than 70% of its revenues come from the defense