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23 October 2008

France Forecasting Arms Sales Increase

Is it really surprising that France is expecting a good year selling arms abroad?:
French Defence Minister Herve Morin said on Wednesday he expected some 'good news' this year on France's attempts to sell arms abroad despite its continued failure to find a foreign buyer for its flagship fighter jet.
Morin has expressed frustration at the lack of sales of Dassault Aviation's high-tech Rafale fighter in the face of competition from less expensive models, such as U.S. F-16s, made by Lockheed Martin.


After all, France has its own sweetheart deal with Brazil, and world arms sales are expected to rise, driven by non-US/UK acqusitions.

By: Brant

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