France's La Tribune report mentioned some key points :
Emmanuel Macron's visit to Morocco at the end of the month (October 29?) as part of the warming of relations between Rabat and Paris, is whetting the appetites of French industrialists, including those in the arms and energy sectors. According to our information, two files are under serious discussion (helicopters and submarines), one of which is at the top of the pile (helicopters). Airbus Helicopters and Morocco are negotiating a major order for Caracal, the number of which could amount to 18 aircraft (12 for the air force and 6 for the gendarmerie), according to concordant sources. This is a contract estimated at between 600 and 800 million euros, which would provide work in Marignane and Bordes for the engine manufacturer Safran Helicopter Engines (SHE). On the other hand, Morocco has chosen Embraer to equip its air force with the new tactical transport aircraft (between 6 and 8 C-390 Millennium). For its part, Airbus is negotiating with Royal Air Maroc (RAM) the sale of A220, A320 and A330 aircraft with a view to renewing part of the company's fleet. A fleet that has so far been exclusively Boeing, with the exception of a few aircraft from the Brazilian Embraer (Embraer 190) and the European manufacturer ATR, owned 50-50 by Airbus and Leonardo (ATR 72-600).
Strong South Korean competition for Naval Group
For its part, Naval Group is facing very strong competition in Morocco from the South Korean shipyards Hanwha and Hyundaï for the sale of two submarines and the construction of a submarine. In particular, it must face fierce rivals who offer cheaper submersibles but equipped with the same technology that Naval Group developed with Saft (lithium-ion batteries). These batteries give a competitive advantage, particularly against the market leader in conventional submarines ThyssenKrupp Marine Systems (TKMS). The balance is currently tilted in favor of South Korean submarines. Morocco is expected to order submarines in 2025.