Russia, Egypt Reach Initial $3 Bln Arms Deal – Report

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  1. SajeevJino

    SajeevJino Long walk Elite Member

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    Russia, Egypt Reach Initial $3 Bln Arms Deal – Report


    Egypt has reached an initial agreement on how to implement a new Russian arms delivery deal worth over $3 billion, Vedomosti newspaper reported Friday.

    Egypt's defense minister and likely new president Field Marshal Abdel Fattah el-Sisi negotiated the agreement, aimed at replacing decreased assistance from Washington, during talks in Moscow on Thursday between Russian and Egyptian foreign and defense ministers. The military leader was warmly received by Russian President Vladimir Putin during his first trip abroad following his seizure of power in a coup last year.

    Vedomosti cited Russian defense sources as saying that at the meeting the sides initialed or signed contracts for the delivery of MiG-29M/M2 Fulcrum fighter jets, air defense missile complexes, Mi-35 helicopters, coastal anti-ship complexes, light weapons and ammunition.

    The arms deal was originally proposed during a November visit by Russian Foreign Minister Sergei Lavrov and Defense Minister Sergei Shoigu to Cairo. Various media reports have indicated the value of the deal could be several billion dollars.

    The deal is reportedly to be funded mainly by Saudi Arabia and the United Arab Emirates.

    Russia, Egypt Reach Initial $3 Bln Arms Deal – Report | Russia | RIA Novosti
     
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  3. sorcerer

    sorcerer Senior Member Senior Member

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    Russia's Landmark $2Bln Deal With Egypt for MiG Fighter Jets

    Russia has agreed to deliver 46 MiG-29 air superiority fighters to Egypt and is soon expected to sign a deal worth approximately $2 billion, what might become the largest order since the fall of the Soviet Union, Russia’s business daily Vedomosti reports, quoting a source close to the aviation industry.

    Russia’s MiG-29s are likely to replace its aging fleet of MiG-21s and Chinese J-7s.



    Read more: http://sputniknews.com/world/20150525/1022532899.html#ixzz3bDTUcmZ9
     
  4. sob

    sob Moderator Moderator

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    What a contradiction the Egyptian army has M1 Abraham Tanks while the Air Force is operating Mig 21s and F 7s.
     
  5. blueblood

    blueblood Senior Member Senior Member

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    Also, M2K and F-16s, in future Rafales and Mig 29
     

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