Finmeccanica might delay the signing of a contract worth 7-8 billion euros to sell 28 Eurofighter jets to Kuwait.
Finmeccanica CEO, Mauro Moretti said last Thursday that the contract may not be signed before December 25.
Finmeccanica had expected to complete the deal in November. The delay is supposedly because of problems linked to pilot training and dispatching of specialized personnel.
Last month sources said the completion had been delayed to the middle of December. Asked on Thursday if the contract would be signed by Christmas, Moretti told reporters: "We don't know."
The Kuwaiti government had asked the parliament to approve a supplementary budget of 6.2 billion dinars ($20.4 billion) to fund weapons purchases for the military over 10 years, al-Rai newspaper reported December 1.
Kuwait signed a MoU to buy 28 Eurofighters in September. It is also negotiating buying 28 Boeing F/A-18E/F fighter jets by the end of this year. The deal however has been held up by delays in US regulatory process.
Kuwait will sign an agreement to procure 24 Airbus Caracal helicopters in a US $1.1 billion defense deal from France Wednesday
Saab has delivered Automatic Warning and Reporting (AWR) system to a customer in Kuwait for the detection, identification, warning, monitoring and reporting of Chemical, Biological, Radiological and Nuclear (CBRN) hazards. The system, which is a flexible, modular and future-proof solution, can be operated from fixed locations, carried by personnel or mounted on vehicles, the company announced today
Italys close cooperation with Kuwait as part of the coalition against the Islamic State terrorist group may have played a part in the Emirate placing an order for 28 Eurofighter Typhoon Aircraft. The Inter-governmental agreement for the eight billion Euro deal was signed during the visit of the Prime Minister of Kuwait, Jaber Mubarak Al-Hamad Al-Sabah to Rome on Thursday, Italian publication Analisidifesa reported
Eurofighter has conducted trials of the Storm Shadow missile and Meteor Beyond Visual Range Air-to-Air missile as part of the improvements to enhance swing-role capability of its Typhoon combat jet. It has been confirmed that a new operational release of the Storm Shadow missile was carried out in the UK Ministry of Defences Hebrides range in Scotland
Kuwait might a sign a deal to procure 28 Eurofighter Typhoon fighters by next week and will not be waiting for an approval from US for the planned acquisition of F-18 Super Hornets. “We were trying to acquire the F-18 Super Hornets and replace the existing fleet of F-18s with Super Hornets and Eurofighter Typhoons
Kuwait has allocated an additional $10 billion funds to purchase new fighter jets, tanks and air defense systems over the next decade. Kuwaits parliament unanimously approved a request by the state government
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