Kuwait set on $1.1bn arms deal

14 June 2015

Kuwait is planning to buy helicopters from French company

Kuwait is in the process of finalising a deal with France’s Airbus to buy 24 military Caracal helicopters, according to press reports.

The deal is said to be worth €1bn ($1.1bn).

This is the most recent in a series of arms deals between France and the Middle East, including the supply of Rafale jets to Qatar and a Saudi-funded export package to Lebanon. It deepens French military cooperation with the region.

Tunisia signed a contract in May 2014 for six of the helicopters, worth €300m.

The helicopters are generally used for troop transport and rescue missions.

A contract is expected to be signed soon, according to the office of French President Francois Hollande.

Stay informed with the latest in the Middle East
Download the MEED app today, available on Apple and Android devices

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.