PARIS (Reuters) – Shares in Dassault Aviation surged higher on Tuesday, after Egypt’s defence ministry said it had signed a contract with France to buy 30 Rafale fighter jets.
Dassault Aviation’s shares were up by around 4.8% in early session trading, among the top performers on Paris’ SBF-120 equity index.
The Egyptian deal provides a further boost for the Dassault-made warplane after a 2.5 billion euro ($3 billion)agreement was finalised in January for the sale of 18 Rafales to Greece.
($1 = 0.8310 euros)
(Reporting by Sudip Kar-Gupta, editing by Louise Heavens)