home Finance Kuwait will buy 2.5 Billion euros of Military Equipment from France

Kuwait will buy 2.5 Billion euros of Military Equipment from France

Kuwait has agreed to buy helicopters from France
A Caracal helicopter Airbus, May 14, 2015 Powidz Poland – Janek Skarzynski AFP

It will acquire mainly helicopters …

Kuwait on Wednesday signed several agreements and declarations of intent with France, including one for the acquisition of 24  Caracal helicopters, made by Airbus for a total of 2.5 billion euros, Matignon said.

Light armoured vehicles

The “technical arrangement” for the acquisition of 24 Caracal helicopters, along with an option for six additional aircraft, alone are the value of one billion euros, said the same source.  Two declarations of intent were also signed on the acquisition of equipment, such as light armoured vehicles, and patrol maintenance, as well.

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