Egypt Signs $5.9 Billion Deal for French War Jets, Ships

posted on: Feb 17, 2015

Egypt signed a 5.2 billion-euro ($5.92 billion) deal to buy French weaponry on Monday, Egyptian media said, in a move Cairo hopes will boost its military power as fears grow of conflict in neighbouring Libya spilling over its border.

The agreement is for 24 Rafale combat jets made by Dassault Aviation, a multi-mission naval frigate, and air-to-air missiles.
Egyptian defence minister Sidqi Sobqi signed the deal with his French counterpart Jean-Yves Le Drian in a ceremony in the presence of President Abdel Fattah Al-Sisi and a French delegation that included the manufacturers, state news agency MENA said. – Reuters