Search This Blog

Loading...

Saturday, July 11, 2015

France and Russia Mistral Deal: $1.3 Billion Settlement Reached Over Aircraft Carriers

Vladivostok LHDRussia and France have reached a tentative agreement on compensation payable to Moscow as a result of Paris' decision to cancel the delivery of two Mistral helicopter carriers.

The cancellation of the Mistral deal reportedly will cost France about $1.3 billion.

The agreement still must be signed by both Russian President Vladimir Putin and French President Francois Hollande, according to media reports.

Read more

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.