Egypt signs agreements with global companies at EDEX 2018

Egypt signs agreements with global companies at EDEX 2018: France’s Naval Group and Egypt’s Marine Industries and Services Organization (MIASO) signed an MOU to establish a JV to maintain and insure the Egyptian navy’s French vessels for five years, the Defense Ministry said. Egypt’s air force also signed agreements with France’s Dassault Aviation to insure its Rafale aircrafts, China National Aero-Technology Import & Export Corporation for unmanned aerial vehicles, and with Italy’s Leonardo for Radar Systems to supply advanced equipment. The value of the agreements were not disclosed.