France has delivered three more Rafale fighter jets to Egypt of the 24 it bought in February last year.
Egypt received its first three rafale fighters in July last year.
Egypt signed a deal with France for single FREMM frigate from DCNS, 16 two seater Rafale and eight single-seater Rafale on February 16 this year. The contract also included Air-to Air Missile, Scalp cruise missile by MBDA and Sagem.
India has sought for a fresh price quote from France on the purchase of 36 Dassault Rafale Fighters which is lower than US$ 9 billion which has been talked about earlier. This could mean the deal is back to square one as fresh price quote will mean the entire process will have to negotiated afresh, The Tribune News Daily reported Thursday
Dassault Aviation on Monday said that it actively supports the French authorities in finalizing a full accord in the sale of 36 fighters to New Delhi in four weeks. The Indo-French inter-governmental agreement on the sale of the fighters was signed on Monday
India and France have inked a Inter-Governmental Agreement on the multi-billion dollar 36 Rafale fighter deal. “Leaving out financial aspect, India and France have signed IGA on purchase of 36 Rafale fighter jets,” Indian Prime Minister Narendra Modi said at the press briefing after the MoU for the fighters was signed with French President Francois Hollande Monday
France has signed more than US$55 billion in large defence deals this year making one of the most lucrative periods in the countrys history of defence exports. State owned firm DCNS today signed US$ 37 billion contract with Australian government in industrial town of Adelaide for 12 diesel-electric submarines
The Egyptian parliament has approved loan of $3.7 billion from France to fund its arms acquisition
The Indo-French negotiations for buying 36 Rafale have again hit a deadlock over the issue of price with Indian Defense Minister saying that there would be no deal until the price was right. "The price is the problem that needs to be resolved as long as I do not get the right price, I cannot sign, but we resolved the other issues in terms of safeguards; procurement and manufacturing methods " Defense Minister Manohar Parrikar said on India Today news channel Thursday
The prospects of selling Dassaults Rafale fighter jets to India and UAE could increase Frances defense exports by about US$25 billion in 2016. France might sell 36 jets to India and 60 to the UAE by the end of the year with both deals together estimated at about $25 billion in defence export revenues
Russian Azimut and Lianozovo closed a deal with Egyptian National Air Navigation Services to upgrade Egypts air traffic control systems. The Research & Production Corporation Lianozovo Electromechanical Plant's General Director Gennadiy Benderskiy and Azimut's CEO Asker Saidov signed the contract from Russia's side on Sunday, the Civil Aviation Ministry's was quoted as saying in a statement by Sputnik Monday
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