Morocco Secures $209.2M Loan to Procure MBDA Weapons

  • Our Bureau
  • 09:06 AM, May 22, 2020
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Morocco Secures $209.2M Loan to Procure MBDA Weapons
VL MICA short range, ground based air defense system

Morocco has secured a loan of around $209.2 million (€ 192 million) from PNB Paribas to buy weapons from MBDA France.

The development was announced in a report by Cabinet of Morocco published on May 18.

Morocco Secures $209.2M Loan to Procure MBDA Weapons

Although the document does not identify the type of weapons it intends to buy, France-based LA Tribune reported in January that the country plans to buy VL MICA missiles. The newspaper also stated that Morocco plans to acquire CAESAR self-propelled howitzers and ammunition for another $218 million (€200 million).

The VL MICA weapon system comes with two seekers (IR or RF).

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