Talks between Egypt and France regarding the Barracuda-class submarine are said to have gained momentum.
Additional meetings are expected to take place this year concerning a deal.
The note provides a comprehensive overview of the following aspects:
- Naval Group views on a deal
- The factors supporting Egypt’s endeavors
- The U.S. stance on Egypt procuring the Barracuda
- Egypt’s position on receiving a downgraded version of the Barracuda
The note also highlights talks between Egypt and other countries for an alternative deal, and the companies involved.