Egypt to Buy 30 Rafale Jets, Contract Signed with France
Egypt and France signed a contract for the supply of 30 Rafale fighter jets.
The concluded contract is financed through a financing loan of a minimum duration of 10 years.
The value of the contract has not been disclosed but is expected to be in the region of $10 billion.
Egypt's purchase of the first batch of Rafale jets was worth $6 billion and was financed up to 50% by a consortium of French banks.
In 2015, France closed a €5.2 billion ($5.9 billion) contract for the sale of 24 Rafale fighter jets to Egypt, in what is the first foreign order of the French-built warplanes.
May 03, 2021
Hanwha Defence Ready to Offer New Light Tank to Indian Army
South Korea's Hanwha Defence is pushing a new combat vehicle with a 105mm turret mounted on its K21 chassis for the Indian Army
Just last week, the Indian Army released Request for Information (RFI) to seek prospective vendors to procure around 350 light tanks in a phased manner under the Make in India initiative.
Indian Army plans to procure versatile combat platforms, weighing less than 25 tons, to sharpen its edge in mountain warfare as they will be able to exploit the limited space available in mountainous terrains by way of enhanced mobility, thus providing additional firepower.
The RFI stated that the Defence Ministry intends to procure a new generation combat vehicle platform, approximately 350 Light Tanks in a phased manner, along with performance-based logistics, niche technologies, engineering support package, and other maintenance and training requirements. The last date of acceptance of receipt of response is June 18, 2021.
One potential option could be a proposal from a South Korean company based on its K21-105 tank.
Hanwha Defence says the vehicle has a 105mm turret mounted on a K21 infantry fighting vehicle chassis. It has strong firepower and manoeuvrability that enables the vehicle to perform a wider variety of tactical operations than main battle tanks.
May 02, 2021
US and NATO Start to Formally Withdraw Troops from Afghanistan
The US has started formally withdrawing troops from Afghanistan, beginning the end of what President Joe Biden called "the forever war".
The US and NATO have had a presence in Afghanistan for almost 20 years.
But the withdrawal, which runs until 11 September, comes amid escalating violence, with Afghan security forces on high alert for reprisal attacks.
The Taliban have warned they are no longer bound by an agreement not to target international troops.
Under a deal signed last year between the militants and then-President Donald Trump, foreign forces were to have left by 1 May while the Taliban held off attacking international troops.
May 01, 2021
NATO Military Exercises in Albania
North Atlantic Treaty Organization (NATO) has launched joint military exercises "DEFENDER-Europe 21" in Albania with thousands of military forces from the United States and other countries in the first such large-scale drills since World War II in the Western Balkans. Albania is playing a critical part in the DEFENDER-Europe 21 exercises with Joint Logistics Over-the-Shore operations taking place.
DEFENDER-Europe is an annual large-scale U.S. Army-led, multinational exercise, defensive in nature and focused on deterring aggression, which this year focuses on building operational readiness and interoperability with NATO and a greater number of allies and partners over a wider area of operations than ever before.
Around 28,000 U.S., allied and partner forces from 26 nations will conduct nearly simultaneous operations across more than 30 training areas in more than a dozen nations from the Baltics and Africa to the critical Black Sea and Balkan regions.
Apr 30, 2021
U.S. Approves M1A1 Tank Structures, Chinook Helicopters Sale to Australia
The U.S. State Department approved two potential arms deals to Australia, totaling $1.94 billion, the Defense Security Cooperation Agency (DSA) said in a release.
In the first, the United States would sell 160 M1A1 tank structures to build M1A2 SEPv3 Abrams Main Battle Tanks, M1150 Assault Breacher Vehicles and other vehicles, altogether worth $1.685 billion.
The heavy armed combat systems deal would enhance the "lethality, survivability, and interoperability of the Australian Army" and "strengthen its homeland defense and deter regional threats."
The principal contractors for the deal would be General Dynamics Land Systems, BAE Systems Leonardo DRS and Honeywell Aerospace.
The second deal involves the sale of four CH-47F cargo helicopters and related equipment worth $259 million.