Monday, March 18, 2024

Dassault Aviation to lose Rafale order in Morocco to Lockheed Martin – report

PARIS (Thomson Financial) – Morocco is likely to order US-made F-16 fighter planes instead of Rafales made by France’s Dassault Aviation, La Tribune reported, citing ‘several’ agreeing sources.

The US is said to have offered 36 F-16s made by Lockheed Martin Corp for less than 2 bln usd while France was proposing 18 Rafales for 2.3 bln eur, the business daily said.

In response to the US offer, the French authorities amended their proposal to 12 Rafales and 12 Mirages or 24 Rafales for 2 bln eur, but sources are not hopeful that France will get the order, according to the report.

Until recently, the French side was hopeful that the first Rafale export contract could be signed during a visit by President Nicolas Sarkozy to Morocco scheduled for next month, the newspaper added.

Andrew.Newby@Thomson.com

an/lam

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