Business Standard

UAE to buy 80 Rafale jets from France in $18-bn deal

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France announced the signing Friday of a ^16-billion ($18 billion) armaments mega-contract for the sale of 80 of its upgraded Rafale warplanes to the UAE. The French Defence Ministry said the deal was France's largest-ever weapons contract for export. It came as French President Emmanuel Macron (pictured) is in the Emirates on the first stop of a two-day visit to the Persian Gulf. There was no immediate confirmati­on of the signing from Emirati officials. Manufactur­er Dassault Aviation said the UAE is buying the upgraded F4 version of its multi-role combat aircraft. That will make the Emirates Air Force the first Rafale F4 user outside of France, it said. The deal offers a shot in the arm for France's defense industry after the collapse of a $66 billion contract for Australia to buy 12 French submarines.

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