France confirms sale of 24 Rafale fighter jets to Qatar
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Qatar has agreed to buy 24 Dassault Aviation-built Rafale fighter jets in a deal worth 6.3 billion euros ($7.05 billion), the French government said on Thursday, as the Gulf Arab state looks to boost its military firepower amid regional instability.
Tensions in the Middle East with conflicts in Yemen, Syria and Libya, as well as fears of Iran's growing influence in the area, have fuelled a desire across Sunni Gulf Arab states to modernise their military hardware.
The contract, the third this year for Dassault after deals to sell fighter jets to Egypt and India, also includes MBDA missiles, and the training of 36 Qatari pilots and 100 technicians by the French army, a French Defence Ministry official said.
"The president spoke to Sheikh Tamim bin Hamad al-Thani, the Emir of Qatar, who confirmed his desire to buy 24 Rafale combat planes," President Francois Hollande's office said in a statement.
Hollande will travel to Doha on May 4 to sign the contract before heading to Saudi Arabia as an honorary guest at a summit of Gulf Arab leaders.
The Rafale sales have lifted French arms exports this year to about 15 billion euros and have been a welcome boost for Dassault, which had been under increasing pressure to sell the plane overseas after years of failures.
Dassault shares were up 2.1 percent at 0912 GMT.
The French government said last year that it would slow the pace at which it takes delivery of Rafale jets to just 26 over the next five years instead of 11 every year.
Dassault is also in talks aimed at supplying 16 of the multi-role combat jets to Malaysia and has resumed discussions over potential fighter sales to another Gulf Arab state, the United Arab Emirates, the official said.