France is set to supply 23 H145 multipurpose Airbus helicopters for border patrols for 500 million euros (560 million dollars) to Saudi Arabia.
Saudi Deputy Crown Prince and Defense Minister Prince Mohammed Bin Salman met with French officials on Wednesday.
The contract is part of the 12 billion euro worth of deals struck between Paris and Riyadh.
Both countries had set up a joint commission in May to finalize around 20 projects in sectors ranging from defense to transport infrastructure and civil aviation.
France would begin feasibility study to assess constructing two nuclear reactors in Saudi Arabia, French Foreign Minister Laurent Fabius told reporters on Wednesday.
France relies on European Pressurized Reactors (EPR) considering it as the safest and most advanced in the world. The study is significant for Riyadh as its rival; Iran is developing its own nuclear capabilities.
Fabius also announced that Saudi Arabia have agreed on a commitment to acquire about 30 patrol boats built by DCNS, partly owned by Thales for its navy.
The signing in Paris comes as Saudi Arabia is seeking to bolster its military capabilities while it is leading a coalition against extremists in neighboring Yemen.
The trade relations in recent years have been greatly boosted. The bilateral trade has reached 9.4 billion dollars in 2013 with 8 percent jump from the previous year.
Finmeccanica has denied Alenia Aermacchis C-27J participation in the Saudi Arabian tactical transport aircraft bid. Finmeccanica in response to a news report by French Sole 24 Ore today said, “Alenia Aermacchi has never participated in the international bid called by the Interior Ministry of Saudi Arabia with its C-27J tactical transport aircraft
Saudi Arabia has purchased four C295W medium transport and surveillance aircraft after carrying our complete evaluation, Airbus Defense and Space said at the Paris air show on Tuesday. “The C295W is joining the Airbus A330 MRTT (Multi-Role Tanker Transport) and CN235 transports previously ordered by Saudi Arabia
Ukraines state-owned Antonov aircraft company has signed a contract at Paris air show to construct an airplane factory in Saudi Arabia for producing the new AN-132 light transport aircraft, RT News reported Wednesday. Antonov will participate in the design and construction of the plant along with partners Taqnia of Saudi Arabia, the Ukrainian Scientific Research Institute of Aviation Technologies, Altis Holding of Ukraine, and Broetje−Automation of Germany
Rebel Yemini forces are reported to have accelerated their missile attacks on Saudi targets over the weekend after an earlier Scud attack on a Saudi base claimed the life of the countrys air force chief. The Iranian FARS news agency reported, “the Yemini (rebel) army and Ansarullah (Shia Houthi forces) fired 46 missiles at al-Ain al-Harrah, al-Khoubeh, al-Amoudeh and Al-Sauda military bases in southern Saudi Arabia yesterday without specifying if the missiles fired were Scuds
Saudi Arabia has used patriot missile system to intercept a Scud missile, which was fired by rebel forces in Yemen on Saturday. The country's official news agency reported that the Scud was fired on Saturday morning at the city of Khamees Mushait in the kingdom's southwest and was intercepted by two Patriot missiles
French naval shipbuilder DCNS is spending a minimum of $1.1 million a month to maintain two Mistral helicopter carriers as the deal to deliver them to Russia was cancelled
Grenades, detonators and plastic explosives have been reportedly stolen from a major military base in France. According to a report by the Telegraph quoting judicial sources, the "Very well informed" thieves broke into the Miramas arms depot northwest of Marseille, southern France, in the early hours of Monday cut open two wire fences
Renault Trucks Defense has won a design contract from the French defense procurement agency (Direction Générale de lArmement - DGA) to extend the service life of its light armored vehicle (VBL) for next 15 years. In focusing on mobility aspects, DGA has awarded Renault Trucks Defense an initial feasibility design contract to provide a solution to upgrade the VBL, including its engine, gearbox, suspension and braking, the company announced today
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