Egypt is preparing to buy
French warships and a military satellite in deals worth more than 1
billion euros ($1.12 billion), La Tribune newspaper reported on Tuesday.
The four naval vessels to be built by French naval
shipyard DCNS include two Gowind corvettes, the newspaper reported,
without citing sources.
The military satellite would be supplied jointly by Airbus
Space Systems, part of Airbus Group, and Thales Alenia Space, owned by
French arms firm Thales and Italy's Finmeccanica, recently renamed
Leonardo.
Thales also owns 35 percent of the DCNS shipyard.
None of the companies agreed to comment.
The deals are expected to be signed during a visit to Egypt by French President Francois Hollande on April 18.
Egypt had originally been reported to be in talks to buy two French military satellites.
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