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Thursday, April 04, 2024

Egypt: Barracuda deal update and alternative plannote

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.

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