I made mention on this in ‘Egg timer? What egg timer?’ on November 29th (at https://lawlordtobe.com/2023/11/29/egg-timer-what-egg-timer/). I also mentioned these dangers several times more, going all the way back to September 9th 2021 (at https://lawlordtobe.com/2021/09/09/lemon-of-the-century/) when I wrote ‘Lemon of the Century’, there were clear signs, there was clear danger to the revenue of America and now we see ‘Dassault CEO talks Saudi interest in Rafale, takes a shot at F-35 and reveals FCAS details’ (at https://breakingdefense.com/2023/12/dassault-ceo-talks-saudi-interest-in-rafale-takes-a-shot-at-f-35-and-reveals-fcas-details/). This was always going to happen, but now the damage to US revenue is increased. Saudi Arabia is now seriously considering 54 Rafale aircrafts. That will set American revenue back a few billion, eight to be more exact. And that is not all, when you consider that 171 have been bought by Riyadh’s neighbours, there is now a larger setting for SAMI to start talking on munitions and rocket factories in Saudi Arabia, in line with the SAMI goal of 50% of productions to be done within the kingdom in line with their 2030 vision. And through that America loses even more revenue. I reckon that France will go along if there is something in it for them and France spreading defence industries in Saudi Arabia opens up a few more options for them too. All that and it was not in the wind, it was a wind blowing negativity to the US coffers. As such the hardship for America is more then just starting, it is starting to gain speed making the American industry losing more and more revenue. All that through ego, how stupid was that?
And whilst all the players are boasting what they have coming and what more then could get the CEO of Dassault Éric Trappier will be doing it setting the annual forecast well over 15% higher, revenue the other boasters will not have and America basically has that much less. If they boast we got enough, they are correct for now, but what more is there to be lost and what options will China offer? The Chengdu J-20 is still there being a tactical and commercial threat to all the other 5th generation stealth providers. A setting we would never have considered realistic is now unfolding and I saw it ahead of all the other analysts. Makes you wonder why they get so much money to begin with.
And in that light, how much revenue will the others lose when India signs those papers as well? Christmas came early for Dassault Aviation. That much seems clear to me at present.
Enjoy the day.
Lawrence van Rijn - Law Lord to be 