The Rafale has cost $53 billion and is the key to France's defense economy, but it's not selling abroad.
The Rafale fighter, made by France's Dassault Aviation, is loaded with high-tech avionics, radar, and targeting systems. Now all it needs are customers. France has been peddling the supersonic jet since 2000 and hasn't sold a single one. In the latest setback, Brazil said on Jan. 17 that it would reopen bidding for a fighter contract worth up to $7 billion—a deal France had thought it was close to sealing last year. Neither Dassault nor the French Defense Ministry would comment on Brazil's decision.
The Rafale's plight signals the end of an era for France. With their Mirage fighter program, developed in the 1950s, the French were able to bolster their national defense, promote new technologies, and provide well-paying jobs—while recouping much of the cost by exporting hundreds of jets worldwide. Hoping to duplicate that model, the French government has spent some $53 billion on the Rafale, more than the country's $40 billion annual defense budget. But deal after deal has fallen through, with prospective buyers South Korea, Singapore, and Morocco choosing Boeing's (BA) F-15 and Lockheed Martin's (LMT) F-16 over the Rafale.
The Rafale's plight signals the end of an era for France. With their Mirage fighter program, developed in the 1950s, the French were able to bolster their national defense, promote new technologies, and provide well-paying jobs—while recouping much of the cost by exporting hundreds of jets worldwide. Hoping to duplicate that model, the French government has spent some $53 billion on the Rafale, more than the country's $40 billion annual defense budget. But deal after deal has fallen through, with prospective buyers South Korea, Singapore, and Morocco choosing Boeing's (BA) F-15 and Lockheed Martin's (LMT) F-16 over the Rafale.







