Russia And Egypt: $1 Billion Mistral Deal
These are the same two Mistral helicopter carriers that had initially been built by France for the Russian Navy, but that deal was cancelled after Russia annexed Crimea and wreaked chaos in eastern Ukraine.
“Egypt plans to buy Mistrals from France, and Russia would be…a sub-contractor that will provide these Mistrals with the necessary equipment,” Russian Chief of Staff Sergey Ivanov suggested when speaking about the possible deal to RIA Novosti. “Without this hardware the Mistral, excuse me, is just a tin can,” Ivanov said, adding that such a deal would include jets, which, along with the other equipment for the Mistrals, costs over $1 billion.
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