French patrol vessels in cloud of fog
Paris and Riyadh are in a state of confusion over the contract to deliver patrol vessels to the Saudi navy. Intelligence Online investigates this very French situation. [...]
DCNS is France’s leading naval shipyard. The company builds both surface vessels and submarines for the French Navy. It also exports, recently landing contracts in India, Brazil and Australia.
Lebanon’s acquisition of military materiel under a $1 billion envelope that Riyadh granted to prime minister Saad Hariri in August is proceeding apace. Intelligence Online can also reveal that there has been a breakthrough on Saudi Arabia’s $3 billion package [. [...]
The diplomatic honeymoon period between Paris and Riyadh has yet to benefit the French defence industry: the only major deals that have been struck since President François Hollande's very public rapprochement with Saudi Arabia shortly after his election in 2012 [. [...]