Nothing really new..
But speaking, about the huge deal faith.. it is been completed. The technical reports have been done with and are awaiting publication.
$12 billion is pretty huge.. and it doesn't include the two already delivered Berghamini Frigates..
Generally, they say it will be disclosed soon..in few months,,
This is the report of that link:
Egypt-Italy: Update on arms package deal
Reports from Cairo suggest that Egypt and Italy are approaching the final stages of negotiations
on the arms package deal that was concluded last year, and which is estimated at 12 billion US
dollars.
The deal is expected to be finalized in the coming months, and the equipment will likely be
delivered throughout 2021.
Italian shipbuilder Fincantieri is expected to cooperate with Alexandria Shipyard on the
production of the Falaj 2-class patrol boats, which will be built locally under license.
The same reports suggest that a team led by Chief of Staff of the Egyptian Air Force (EAF) Major
General Hesham Mohammad Adel Awad visited Rome last month (28/4/21) to discuss the final
details of the deal.
During the visit, Major General Awad met with Telespazio CEO Luigi Pasquali. Telespazio is a joint
venture by Italy’s Leonardo and France’s Thales.
Major General Awad and Pasquali discussed several files, including possible collaboration on the
local production of naval surveillance equipment.
They also discussed Egypt’s plans to acquire a radar military satellite (*).
Furthermore, Major General Awad expressed Egypt’s interest in joining the Cosmo-SkyMed
program for scientific, environmental and educational purposes.
Pasquali told Major General Awad that such an arrangement could be made, and that Egypt has
much to offer to this program.
Egypt has recently (29/4/21) announced a massive investment of 1 billion US dollars for oil and
gas exploration in the Western Desert.
In this regard, Egyptian officials are convinced that the Cosmo-SkyMed observation program
could be crucial in detecting and identifying any untapped reserves of oil and gas in that region.
* COSMO-SkyMed
https://www.telespazio.com/en/programmes/cosmo-skymed