Sisi favours French weapons
Seizing an opportunity afforded by the US Congress' sanctioning of General Abdel Fattah al-Sisi (IOL 698, IOL 695), French defence [...]
Thales is a defense electronics company in aerospace and defense industries. It came into being with the merger of Alcatel, Dassault Electronic and Thomson CSF and inherited the latter company’s naval activity, which it has developed in recent years. Thales now operates in 50 countries and has become a leading player in the defense industry.
Since the shrinking budgets of the National Reconnaissance Office (NRO) and the National Geospatial-Intelligence Agency (NGA) can no longer support the industry alone, the Obama administration has gradually lifted the barriers forbidding foreign exports of US-built military satellites and very [. [...]
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 [. [...]