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Source: France, Egypt Agree Rafale, Military Hardware Deal

France and Egypt have agreed on a deal worth more than 5 billion euros ($5.7 billion) for the sale of Dassault Aviation-built Rafale fighter jets, a naval frigate and missiles, a French source close to the matter said on Thursday. The deal would make Egypt, which has been looking to upgrade its military hardware on fears the crisis in neighboring Libya could spill over, the first export customer for the French warplane. "Yes, there is an agreement," the source said in...

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