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Sunday, February 15, 2015

The Real Reason Egypt Is Buying Fighter Jets From France

Dassault RafaleAfter twenty years of searching, France has finally found a buyer for its Rafale fighter jet. President Francois Hollande announced on Thursday that Egypt will buy 24 aircraft as part of a deal reportedly valued at 5.2 billion euros ($5.9 billion), and his Defense Minister is heading to Cairo on Monday to sign the agreement.

France has been flying its domestically built Rafale jet since 2006, putting it to the test over countries like Afghanistan, Libya, Mali and most recently in the U.S.-led airstrikes on ISIS.

But manufacturer Dassault Aviation has struggled to sell it abroad. Deals with Brazil, Libya, Morocco and Switzerland have all fallen through, and negotiations with India and Qatar are ongoing.

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