2015 French Arms Sales To Be 3 Times of 2012

  • Our Bureau
  • 02:34 PM, May 4, 2015
  • 2796

France' defense exports is expected to reach more than 15 billion euros this year which is about three times of 2012 and also the highest France has reached in a single year.

“French arms exports in 2015 are expected to reach more than 15 billion euros ($17 billion), three times more than in 2012!" Jean-Yves Le Drian, French Defense Minister quoted as saying by Local media.

France saw 8 billion euros ($9 billion), 17 per cent increase in defense exports in 2014 compared to 6.87 billion euros ($8.8 billion) in 2013. France made 4.8 billion euros ($5.3 billion) in defense exports in 2012.

Dassault CEO Eric Trappier and Qatari General Ahmed al-Malki signed the contract to provide Qatar with 24 fighter jets today.

Egypt signed a 5.3 billion euro ($5.9 billion) deal to buy 24 Rafales, a DCNS multi-mission frigate and missiles in February 2015.

India in April this year agreed to buy 36 Rafales in ‘fly-away’ condition for about 5.9 billion euros ($5-6 billion). Both the countries may soon finalize the deal. 

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