- Aug 25, 2020
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According to online media Disclose, France and Egypt signed a contract worth 3.95 billion euros at the end of April.
Egypt will order 30 additional Rafale fighter jets from France, a source familiar with the matter said on Monday, partially confirming information disclosed by the online investigative media Disclose. A big customer of the French armaments industry, Cairo was the first foreign country to buy Rafale, in 2015.
This contract for 24 aircraft from the aircraft manufacturer Dassault was accompanied by an option for 12 other Rafale, which is not had never been lifted. Dassault did not wish to comment on this information which would mark a new big commercial success for the French aircraft. "Very advanced discussions are indeed taking place with Egypt and announcements could be made very soon," for his part reacted a French government source.
According to Disclose, France and Egypt on April 26 signed a contract worth a total of 3.95 billion euros, including the sale of 30 Rafale fighter jets as well as two other contracts for the benefit of the missile MBDA and Safran Electronics & Defense. According to the investigative media, which cites Egyptian government documents detailing the terms of the contract, Egypt has obtained a loan guaranteed by France up to 85% to finance these purchases.
An Egyptian delegation was to initial the agreement on Monday in Paris.