Egypt and Russia have reached an initial agreement on how to implement a new arms delivery deal worth over $3 billion.
According to Vedomosti newspaper, at the meeting the two sides initialed or signed contracts for the delivery of MiG-29M/M2 Fulcrum fighter jets, air defense missile complexes, Mi-35 helicopters, coastal anti-ship complexes, light weapons and ammunition. However, various reports indicated the value of the deal could be several billion dollars.
The arms deal was originally proposed during a November visit by Russian Foreign Minister Sergei Lavrov and Defense Minister Sergei Shoigu to Cairo.
Egyptian defense minister Field Marshal Abdel Fattah el-Sisi negotiated the agreement, aimed at replacing decreased assistance from Washington, during talks in Moscow on Thursday between Russian and Egyptian foreign and defense ministers, the report added.
Meanwhile, Russian President Vladimir Putin said that his country was ready to strengthen cooperation with Egypt following presidential and parliamentary elections.
The Russian delegates visit to Egypt has marked a revival of large-scale military cooperation with the recent offering made by Russia to sell modern helicopters and air defence systems in a deal worth US$2 billion. Russian Foreign Minister Sergei Lavrov confirmed that military collaboration was discussed in talks between Defence Minister Sergei Shoigu and his Egyptian counterpart General Abdel Fattah al-Sisi but gave no further details
Cairo is considering deliveries of Russian arms, Egypts Foreign Minister Nabil Fahmy was quoted as saying by RIA Novosti ahead of a Russian delegation's visit. Nabil Fahmy said in an interview with RT television channel that “the issue of purchasing new Russian weapons should be carefully examined,” confirming the issue is under consideration in the Egyptian government
European Union (EU) Nations have decided to suspend export licenses of military equipment and technology to Egypt which might be used for internal repression. The decision comes days after the U
India and Egypt have agreed to set up a framework to improve defense ties between the two nations during a meeting between visiting Egyptian Defence Minister Gen. Abdel Fattah al Sisi and Indian Defence Minister A
Russia and Egypt have initialed arms contracts worth $3.5 billion, head of Russia's Federal Service for Military-Technical Cooperation, Alexander Fomin said Wednesday
The Russian Air Force will get about 20 new flight simulators for training fighter and ground-attack crews later this year, according to RIA Novosti. The trainers are to simulate a number of new types of aircraft now entering service, including new variants of Sukhoi and MiG fighters and ground-attack aircraft, as well as the Mi-8 AMTSh transport and Kamov Ka-52 attack helicopters
Russias naval commander today said that the countrys latest generation attack submarine, will be fitted with an advanced ultra-quiet propulsion system within the next three years. According to a Ria Novosti report, Admiral Viktor Chirkov said that the first Lada-class attack submarine will be equipped with the air-independent system by 2016, to increase both its range and stealth
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