Egypt Buys Rafale and FREMM

[Frogman]

France, Egypt to conclude Rafale fighter jet in Cairo on Monday - Le Monde

PARIS, Feb 12 (R-euters) - France and Egypt will finalise a defence deal that includes 24 Dassault-built Rafale fighter jets worth more than 5 billion euros ($5.7 billion), Le Monde reported on Thursday.
The newspaper, which did not identify its source, said the two sides had initialled the deal on Thursday and that the final page outlining the modalities would be signed on Monday by Egyptian President Abdel Fattah Al-Sissi and French officials.
French and Egyptian government officials and Dassault executives could not immediately be reached for comment. ($1 = 0.8799 euros) (Reporting By John Irish; Editing by Andrew Callus)

France, Egypt to conclude Rafale fighter jet in Cairo on Monday - Le Monde | Daily Mail Online

The Rafale sale agreement with Egypt was initialled

The sale agreement with Egypt of 24 Rafale aircraft, a frigate multimission FREEM and short and medium-range MBDA missiles, amounting to more than 5 billion euros, has been signed by all parties Thursday February 12th.

The last page of the document, which details the terms of the agreement has yet to be a final dual official signature, between Egyptian President Abdel Fattah al-Sissi, and a representative of the French State which could be the President of the Republic, François Hollande, himself, or the Minister of Defence, Jean-Yves Le Drian.
The ceremonial signing is scheduled Monday, February 16 in Cairo.[...]

Le Rafale remporte « son premier contrat à l'export », se félicite François Hollande

France says Rafale deal with Egypt could be signed in next few days

Feb 12 (R-euters) - French Foreign Minister Laurent Fabius said a deal with Egypt for the sale of 24 Dassault Aviation-built Rafale fighter jets could be signed in the next few days. "Maybe a little earlier," Fabius told i-Tele television when asked to confirm the agreement would be signed by next Feb. 16 or Feb. 17. "Things are looking very good on that front."
The two countries agreed a deal worth more than 5 billion euros ($5.7 billion) for the fighter jets, a naval frigate and missiles, a French source close to the matter told ******* on Thursday.

France says Rafale deal for fighter jets with Egypt could be signed in next few days - Breaking News - Jerusalem Post

Le Drian will go to Egypt Monday to sign the Rafale contracts

The final agreement to sell 24 Rafale fighter jets to Egypt will be signed on Monday in Cairo, said the entourage of the Minister of Defense.
It's official: France will sell its first Rafale fighters. Jean-Yves Le Drian will go Monday to Cairo to sign the agreement to sell 24 Rafale to Egypt [not only..], Europe 1 has learned from a source close to the defense minister. [...]

Le Drian se rend lundi en Egypte pour signer les contrats Rafale

France's Hollande says Egypt to order 24 Rafale jets and frigate

BRUSSELS Feb 12 (*******) - President Francois Hollande said on Thursday Egypt would order 24 Rafale fighter jets, a warship and related military equipment from France, after years of failed attempts to export the plane.
"The Egyptian authorities have just let me know their intention of acquiring 24 Rafale planes, a multi-mission frigate as well as related equipment," Hollande said in a statement, adding that the accord would be signed by Defence Minister Jean-Yves Le Drian in Cairo on Monday.

Élysée (@Elysee) | Twitter

Mabrouk to the Egyptian Air Force and Navy, and Mabrouk to Das, DCNS, and France.

 

[Gabriel92]

Who knew that Egypt will be the first rafale's client ?
I personally didn't know and always thought that it will be Qatar or India....

 

[C130]

interesting, congrats to Egypt and France.

 

[That Guy]

No surprise here. When you have the Saudis funding your military acquisitions, you can pretty much get whatever you want.

 

[The SC]

Congratulations to both, and may we see many more such deals in the future.
My Question though is why just one FREMM frigate? The talks were for two. Maybe and most probably because this one is the already new operational one from the French navy, and another one will follow very soon.
As for the Rafale, I am pretty sure that another 24/26 will come by too in the near future to Egypt and will motivate many other Gulf countries to get them too, So one can count at least a 100 of these birds in the Middle east quite soon.

Once again congratulations to Egypt.

 

[Thəorətic Muslim]

France and Egypt will finalise a defence deal that includes 24 Dassault-built Rafale fighter jets worth more than 5 billion euros ($5.7 billion), Le Monde reported on Thursday.

*Insert of Jaws hitting the floor*

 

[Hindustani78]

France - France confirms sale of Rafale fighter jets to Egypt - France 24

Latest update : 2015-02-12
4 mins ago

France is to sell 24 Rafale fighter jets to Egypt along with a naval frigate and missiles in a deal worth more than €5 billion, President François Hollande said Thursday, the first time a foreign buyer has been found for the French-built warplanes.
French Defence Minister Jean-Yves Le Drian will travel to Cairo Monday to sign the final agreement with Egyptian President Abdel Fattah al-Sisi, Hollande said in a statement issued by his office.

“The Rafale fighter jet has won its first export contract,” Hollande said, confirming a report in French daily Le Monde published earlier Thursday that said a deal had been agreed.

“The Egyptian authorities have just let me know their intention of acquiring 24 Rafale planes, a multi-mission frigate as well as related equipment,” he added.

These last two items are believed to be a FREMM warship, currently used by the French and Italian navies, and a number of short and medium-range missiles built by MBDA.

The deal follows years of failed attempts by France to export the Rafale, described as one of the most effective and sophisticated fighter jets in the world, but also one of the most expensive.

A potential deal to sell the multipurpose warplanes to Brazil fell through in 2013 when the country chose jets made by Sweden’s Saab instead.

And although manufacturer Dassault Aviation, which launched the Rafale more than a decade ago, has been in exclusive negotiations with India for the last three years, a final deal has yet to be signed.

The French government has reduced its order for the planes to 26 Rafale jets over the next five years, down from 11 a year so far, putting Dassault under further pressure to find a foreign buyer.

Credit facility

A potential deal with Egypt was first muted in November last year during Sisi’s state visit to Paris, according to Le Monde, where discussions were held about replacing Egypt's fleet of 18 Mirage jets, also built by Dassault.

Though funding issues were believed to be a concern, French business daily Les Echos reported earlier this month that the two countries were discussing using a credit facility – arranged by French credit insurer COFACE and involving some of France’s biggest banks – to finance as much as 50 percent of the sale.

France has a history of military hardware deals with Egypt: as well as being the first foreign buyer of the Mirage jet in 1981, Cairo signed a contract last year to buy four French-built naval frigates in a deal worth €1 billion.

Concerns over the rise of jihadist groups in neighbouring Libya and in Egypt’s Sinai province have also seen the countries establish closer ties in recent years.

24 Rafale fighter planes . What price for each plane ?

Will all these planes be produced in France ?

 

[C130]

does the 5 billion euro payment includ the FREEM and weapon purchase for the Rafale?

 

[rockstar08]

Congratulations Egypt ...
they are even faster than Indians ..

 

[Gabriel92]

does the 5 billion euro payment includ the FREEM and weapon purchase for the Rafale?

€5 billions for :

-24 Rafales.
-1 FREMM
-Missiles and bombs (AASM,MICA,SCALP)
+ Training,spare parts etc.

 

[C130]

€5 billions for :

-24 Rafales.
-1 FREMM
-Missiles and bombs (AASM,MICA,SCALP)
+ Training,spare parts etc.

that seems about right for the price.

 

[Frogman]

does the 5 billion euro payment includ the FREEM and weapon purchase for the Rafale?

Yep

Congratulations Egypt ...
they are even faster than Indians ..

 

[waz]

Congrats Egypt, that gives them a very powerful one up in the airforce category.

 

[Falcon29]

@Frogman

Does this replace Mig29 and S-300 deal?

 

[Hindustani78]

Congratulations Egypt ...
they are even faster than Indians ..

PM Modi is going to visit France in April and during that visit Rafale deal and even Nuclear deal will be finalised.

Within a week more details will be out regarding this 24 Rafale fighter plane for Egypt .