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November 26, 2021

Croatia finalises deal to purchase French fighter jets

The deal includes procurement of 12 Rafale fighter jets and related logistics support.

Croatia has signed two contracts for the sale of 12 used French multi-purpose Rafale F3R fighter jets and related logistical support.

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The contracts were signed by French Armed Forces Minister Florence Parly, Dassault Aviation chairman and CEO Eric Trappier, and Croatian Defense Minister Mario Banozic in Zagreb, Croatia, on 25 November.

According to Dassault Aviation, the ‘state-to-state’ contract also includes training for the Croatian Air Force.

It also includes  additional spare parts for the jets for three years.

In May 2021, Croatia chose Rafale jets for its air force after inviting international bids under its multi-role fighter aircraft (MRFA) programme.

This international tender involved other European and US aircraft.

Last November, Croatia’s Defence Ministry began evaluating offers from three bidders after it announced procurement of fighter jets to upgrade its air force.

Dassault Aviation CEO Eric Trappier said: “I am delighted, on behalf of Dassault Aviation and its partners, to be entering into a relationship of trust with Croatia, a European country, and to be writing a new page for the Rafale, which I am certain will give the Croatian Air Force complete satisfaction, while actively contributing to the exercise of Croatia’s national sovereignty.”

The Rafale twin-jet combat aircraft can carry out a wide range of short-range and long-range missions.

It can be used to carry out reconnaissance, high accuracy strikes and nuclear strike deterrence.

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Free Report
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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
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  Consult our full report here and optimize your business strategy.
by GlobalData
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