Safran To Pay Dassault $280M in Silvercrest Settlement | Aviation International News

Safran To Pay Dassault $280M in Silvercrest Settlement

Dassault canceled the Falcon 5X program in December and scrapped its contract with Safran over troubled Silvercrest turbofan that was to power the jet.

Safran will pay Dassault Aviation $280 million to settle a dispute over problems with the former's Silvercrest engine. After numerous problems with the turbofan that caused years of delays, Dassault canceled the Falcon 5X program in December and scrapped its contract with Safran. In February, Dassault launched a new super-midsize business jet, the 6X, powered by a pair of Pratt & Whitney Canada PW812D engines. (Photo: Safran)

By Guillaume Lecompte-Boinet

September 10, 2018

Safran and Dassault Aviation have reached an amicable settlement regarding the Silvercrest engine dispute, Safran disclosed late last week in its first-half financial results. Dassault canceled the Falcon 5X program on December 13 and subsequently scrapped its contract with Safran over the troubled Silvercrest turbofan that was to power the new super-midsize twinjet. In February, Dassault launched a new super-midsize business jet, the 6X, powered by a pair of Pratt & Whitney Canada PW812D engines.

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