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Thursday, October 10, 2024

Egypt's Barracuda Deal: Progress and hurdlesnote

Egypt remains in talks with France over the acquisition of Barracuda-class submarines.

Earlier, it was suggested that the French Presidency would step in to resolve remaining issues, particularly concerning the transfer of technology (TOT) for the submarines' engines and naval cruise missiles.

The note provides a comprehensive overview of the following aspects:

- The status of talks

- The issues that have been solved and the remaining differences

- Naval Group’s stance on Egypt’s building Barracuda submarines for export


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