Egypt and Spain are said to be on the verge of sealing a defense agreement aimed at enhancing Egypt’s naval capabilities through advanced technology exchange.
The agreement outlines multi-phase cooperation between the Egyptian Ministry of Military Production (MoMP), the Egyptian Navy, and Spanish shipbuilder Navantia.
The following note provides a comprehensive overview of key aspects, including:
– The scope and objective of the agreement
– The naval platform under the agreement and its capabilities
– Talks on localized manufacturing and in-country assembly
– The anticipated timeline for formalizing the agreement