Egypt has agreed to buy 46 MiG-29 fighter jets worth US $2 billion from Russia, Vedomosti news daily reported Monday.
This is the largest order for MiG aircraft since Soviet disintegration. The purchase comes after Washington suspended future military hardware sales to Cairo after the ouster of former President Mohamed Morsi in 2013. Egypt has turned to other suppliers including Russia for military purchase.
Egypt is likely to replace its aging fleet of MiG-21s and Chinese J-7s with MiG-29s.
According to Vedomosti news daily the deal will be a boon to MiG, securing a production portfolio that would keep MiG-29s rolling off the assembly line until around 2020, Konstantin Makienko, deputy director of the Moscow-based Center for the Analysis of Strategies and Technologies.
A senior Israeli intelligence official confirmed on Wednesday that Egypt is buying the same advanced S-300 air defense system that Iran had bought from Russia. "I don't know what kind of threat Egypt looks at when they decide to buy it, but we do not see Egypt as the enemy
DCNS has started to construct GOWIND 2500 corvette, which is the first of a series of four units that will be delivered to Egypt before 2019. The delivery of the first vessel is slated for 2017 that is less than four years after the signature of the contract last summer, the company announced on Wednesday
France's Foreign Minister has hinted that UAE could be the third potential customer for Dassault Rafale, after Egypt and India. Speaking to reporters, French Foreign Minister, Laurent Fabius referring to talks with crown prince of Abu Dhabi (UAE) Sheikh Mohammed bin Zayed bin Sultan regarding Rafale said, "There is a French proverb that says France come in threes (Jamais deux sans trois
The US Defense Security Cooperation Agency (DSCA) announced Wednesday that it has approved sale of air-to-ground missiles to Egypt for $57 million. “The US State Department notified Congress on Tuesday of a possible sale to Egypt of AGM-114K/R3 Hellfire II Missiles and associated equipment, parts, training and logistical support for an estimated cost of $57 million,” DSCA said in a statement
USA has approved sending twelve (F-16) fighter jets, 20 Harpoon missiles and 125 M-1 tank modernization kits to Egypt, the White House official said in Deutsche Welle German radio Tuesday. Obama notified in telephone call to Egyptian President Abdel Fattah el-Sisi about his decision to lift a hold on military aid, allowing delivery of twelve F-16 fighter jets, 20 Harpoon anti-ship missiles, and 125 M1A1 Abrams tanks
Islamic state group have used advanced weapons, including Russian made Kornet Anti-tank missiles to attack troops in the Sinai Peninsula of Egypt on Wednesday. The attackers also used mortars, Anti-aircraft guns and other guided missiles, AFP reported Wednesday
The US has provided Egypt with two fast missile boats that would contribute towards “ensuring regional security, countering terrorism, and protecting global commerce,” the US embassy in Cairo said Monday. The embassy said in a statement that the two Fast Missile navy vessels reached the Mediterranean city of Alexandria on June 17
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