Egypt: Barracuda deal update and alternative plan

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.