- BAE and Dassault are often categorised together due to the similarities between the Typhoon and the Rafale.
- Similarly, as far as aircraft go, both BAE and Dassault are prepping a 6th gen fighter meant for European forces, each working with a different set of partners.
- Despite Brexit, BAE partnered well with major European powers, and in our opinion their 6th gen programme could end up being more successful than Dassault's.
- Additionally, BAE benefits from more broad defense revenues than Dassault, which only really has the Rafale, and might gain an unexpected boost from the Aukus developments.
- While we pick Dassault between them, BAE is a resilient, good value defense exposure thanks to a promising 6th gen race and successful defense products in other markets.
For further details see:
Dassault Better Value, But BAE Tempest Could Be The European Future