All Stories By European naval companies are more interested in protecting their turfs than consolidating. 4 years ago
Paris is said to be uneasy about a cross-shareholding scheme between Naval Group and Fincantieri. 4 years ago
India’s main opposition party, Indian National Congress, has claimed on several occasions that the Rafale deal is grossly overvalued.
Pending French arms deals with Qatar and Egypt include technology still requiring Washington's approval.
Naval Group sought to play down media reports of a potential collapse of talks for a major contract with Australia for 12 ocean-going submarines.
The de-risking studies may consider various options, such as Spike, Brimstone and MMP missiles.
The studies will consider the future carrier’s capability to carry the Rafale fighter jet and its successor, as well as drones.
France plans to boost its 2019 defense budget to $42.2 billion, up 5 percent from the present year.
A further three units will be ordered to bring the total fleet to 15 in the following years, the ministry added.
Communications equipment, security systems, air conditioning and comfortable seats are part of the adaptation.
The U.S. is a close and valued ally to France, but the European country seeks continentwide strategic autonomy in defense and security, according to the French armed forces minister.
Competition flares up for the follow-on portion of a deal previously won by the French shipbuilder.
Load More