France has signed more than US$55 billion in large defence deals this year making one of the most lucrative periods in the country’s history of defence exports.
State owned firm DCNS today signed US$ 37 billion contract with Australian government in industrial town of Adelaide for 12 diesel-electric submarines. Australia’s Prime Minister Malcolm Turnbull and France’s Minister of Defense, Jean-Yves Le Drian, inked the inter-governmental accord with the French shipbuilder DCNS to design and build Shortfin Barracudas submarines.
Similarly, during September, India and France have inked $US 8.7 billion deal to purchase 36 Rafale fighters. French Defense Minister Jean Yves Drain and his Indian counterpart Manohar Parrikar signed the deal. Heavily customized for India, the fighters would get 14 India-specific enhancements.
In April, several agreements with a combined worth of more than 2 billion euros were also signed between French companies and the Egypt.
The French government had confirmed that the contracts had been signed for the French companies Airbus Space Systems and Thales Alenia Space to build a military telecommunications satellite for Egypt's defense ministry.
"After discussions between French and Egyptian presidents and between the Ministers of Defense, the contract on a communication satellite with Egypt is signed," the Elysee Palace announced.
France also signed a $7.5 billion contract with Qatar for 24 Dassault Rafale fighters on the first day of the Doha International Maritime Defence Exhibition and Conference (DIMDEX), held from March 29-31 2016.
The agreement included an order for 24 Rafale fighter jets, with an option on a further 12 and training of 36 Qatari pilots and technicians by the French military.
However, the good times for France started rolling in 2015 with Egypt signing deal for the two helicopter carriers. On 10 October 2015, DCNS signed a contract with the Ministry of Defence, Egypt for the supply of two Mistral-class Landing Helicopter Dock vessels (LHDs).
In February 2015, France has closed a EUR 5.2 billion ($5.9 billion) contract for the sale of 24 Rafale fighter jets to Egypt, in what is the first foreign order of the French-built warplanes
Cairo signed in 2014 a EUR 1 Billion contract with DCNS for the procurement of four GOWIND 25000 corvettes.
Australia today sealed a 50 billion Australian dollars ($37 billion) submarines deal with France, termed the “largest defense procurement program in Australias history”. The inter- governmental agreement (IGA) signed by Australian Prime Minister Malcolm Turnbull and French Defence Minister Jean-Yves Le Drian, is for 12 sophisticated submarines to be built by French defence major DCNS
France and Australia will sign a multibillion dollar for 12 state-of-the-art submarines tomorrow. Australias Prime Minister Malcolm Turnbull and Frances Minister of Defense, Jean-Yves Le Drian, will ink the intergovernmental accord estimated 50 billion Australian dollars ($37 billion) in Adelaide on Tuesday with the French shipbuilder DCNS designing and building the Shortfin Barracudas, AFP reports
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
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
The French procurement agency (DGA) has confirmed an order for the construction of the fourth Batiment multi-mission vessel B2M. This order complements the order of three buildings on December 30, 2013
French Defence Procurement Agency (DGA) has selected Thaless latest-generation SpyRanger mini surveillance and reconnaissance Unmanned Aerial Vehicle (UAV) to equip the French forces. Up to 70 mini-UAV reconnaissance systems (SMDR) will be made available from 2018
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