The Egyptian Armed Forces has signed a contract with French company Dassault Aviation to procure 30 Rafale fighter aircraft. Egypt's ministry of defence (MoD) did not disclose the value of the procurement contract. However, Reuters cited investigative website disclose as saying that the deal would be worth €3.75 billion.($4.5 billion). The contract would be financed through a 10-year loan. The MoD said the aircraft purchase is within the framework of the armed forces general command keenness to develop and strengthen state's powers. The ministry also stated that the two countries had concluded a deal in 2015 to acquire 24 Rafale fighters for the Egyptian Air Force. Manufactured by Dassault Aviation, Rafale is a twin-jet, multi-role combat aircraft capable of carrying out a wide-range of short and long-range missions, including ground and sea attacks.
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