Egypt acquires 30 more Rafale fighters
According to the French web resource "Disclose" with reference to the "confidential documents" it received, on April 26, 2021, France, in an unannounced manner, signed a new package of contracts for the supply of 30 additional Dassault Rafale fighters to Egypt for a total of 3.95 billion euros. It is alleged that the contract for the supply of 30 Rafale itself costs 3.75 billion euros, and two more contracts with a total value of 200 million euros relate to the purchase of weapons for these aircraft - one contract was concluded with the MBDA association, and the second was concluded with Safran Electronics & Defense (a military division by the Safran group). According to the resource, the fact of signing the contracts is kept secret at the request of Egyptian President Abdel Fattah al-Sissi.
It was reported that the contracts were concluded on account of loans provided by a consortium of French banks consisting of Crédit Agricole, Société Générale, BNP and CIC, under government guarantees issued by the French treasury and covering 85% of the transaction value (3.4 billion euros). A financial agreement to secure the contracts is to be initialed by the parties in Paris on 4 May.
On the evening of May 3, the website of the Egyptian newspaper Al-Watan and later Al-Jazeera TV reported that an Egyptian Defense Ministry official had confirmed that France and Egypt had signed an agreement under which Egypt would buy 30 new Rafale aircraft. The spokesman said in a statement that “as part of the political leadership’s interest in developing and strengthening the state’s capabilities, Egypt and France signed a contract for the supply of 30 Rafale aircraft between the Egyptian armed forces and the French company Dassault Aviation, provided that a loan for financing was concluded under the contract. for a minimum period of 10 years. "
UPD:confirmed the conclusion of a contract for the supply of 30 additional Dassault Rafale fighters to Egypt. The Minister wrote: "I welcome the sale of 30 Rafale to Egypt, a strategic partner. This export success is critical to our sovereignty and to retain 7,000 industrial jobs in France over three years. Rafale is once again demonstrating its technological and operational excellence."
On the part of bmpd, we recall that earlier in February 2015, Egypt signed its first contract with France.for the purchase of 24 Dassault Rafale fighters (16 two-seat Rafale DM and eight single-seat Rafale EM) worth 3.5 billion euros, becoming the first foreign customer of Rafale aircraft. The contract included an option for another 12 Rafale aircraft, but the option was not exercised at the time. At the same time, a contract was signed worth 700 million euros for the supply of guided weapons for Rafale fighters, including MICA air-to-air missiles, AASM guided bombs and Black Shahine cruise missiles. All 24 Rafale F3 aircraft were supplied to the Egyptian Air Force under this contract with July 2015 to mid-2019, with one Rafale EM (Egyptian hull number 9352, serial number EM02) lost in Egypt during a demonstration flight in February 2019.
Financing of this first contract for the purchase of Rafale fighters by Egypt, according to French media, was carried out by 40% Saudi Arabia and the United Arab Emirates, and 60% - also in a loan guaranteed by the French Treasury issued to a consortium of three French banks (BNP Paribas, Credit Agricole and Societé Générale). At the same time, according to the above-mentioned resource "Disclose", the loan was actually written off "at the expense of French taxpayers", since Egypt allegedly did not pay it.
In the past few years, there have been numerous reports of Egypt's ongoing negotiations with France on the possibility of purchasing additional Rafale fighters (starting with the implementation of the option for 12 vehicles). If Egypt's acquisition of 30 additional Rafale aircraft is indeed closed and enforced, it would make Egypt the largest exploiter of Rafale aircraft outside of France.
It can be assumed that in the new package a contract with the MBDA merger was signed for the supply of an additional batch of MICA air-to-air missiles, and a contract with Safran Electronics & Defense for the purchase of AASM Hammer guided aerial bombs.