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)
