Sify Mail
Login | Register
   Beta  |  Slide Shows  |   Columns  |  India news  |  Cities  |  World news  |  Offbeat   |  Features  |  Haiti quake news  |  Terror Map  |  Videos   |  Latest news
Sify Home>>News>>International>> French arms exports to be worth over $10 bn in 2009
Comments Share Print  |  Rate 
IANS

French arms exports to be worth over $10 bn in 2009

2009-11-15 03:50:00

French arms exports will be worth seven billion euros (about $10 billion) in 2009, making it the fourth biggest weapons exporter worldwide, media reports said.

Laurent Collet-Billon, head of the General Delegation for Ordnance (DGA), government procurement agency, told French daily Le Monde that France will remain the fourth biggest arms exporter worldwide in 2009.

Despite the economic crisis, the 2009 global ordnance market will grow to 700 billion euros, the newspaper said on its website Saturday.

France's arms export is expected to increases by more than 10 percent from a year earlier and is likely to keep growing in 2010, Xinhua reported citing the daily.

French arms export totalled 6.3 billion euros in 2008, making it the fourth biggest exporter, after the US, Britain and Russia.

Laurent attributed the growth in 2009 to the sale of Rafale combat jets, adding that France hopes to reach an agreement with Brazil on the Rafale jets deal at the beginning of 2010.

France is also in negotiations with the United Arab Emirates on Rafale jets sale.

 
 
All about: Europe

Comments Share Print  |  Rate  More Headlines
 

ADVERTISEMENT
Video Gallery
 
Eleven activists,including two members o..
Anand Sharma seeks gulf investment in In..
Maoists set afire a tractor and truck at..
Maoists blow up a railway track in Oriss..
SC refuses to lift ban on construction o..
More
 

Most Read

  • Uddhav rejects govt security cover
    • 10 hours and 1 minutesSIFY

      Mumbai The Executive President of Shiv Sena Uddhav Thackeray said he will give up the security provided to him by the Maharashtra government. Uddhavs remarks come after the Maharashtra Chief

  • Maoists blow up two rail tracks in Oriss...
    • 10 hours and 1 minutesIANS

      8203Bhubaneswar Maoists blew up two rail tracks between Bhalulata and Bishra in Orissas Sundergarh district early on Wednesday an official said.Trinamool not colluding with Maoists Chidambaram"Two

  • Australian police delay release of surve...
    • 10 hours and 1 minutesIANS

      Melbourne The release of a research paper providing evidence that Indian students in Melbourne feel racially targeted was delayed by the Australian police.The survey conducted by Victoria University

  • Google takes on Facebook and Twitter wit...
    • 10 hours and 1 minutesIANS

      8203San Francisco Google on Tuesday launched a set of social networking tools for Gmail users hoping to coax them to share photos links and status updates without the need to visit sites such as

  • Chavan threatens to withdraw Uddhavs sec...
    • 10 hours and 1 minutesIANS

      Mumbai Maharashtra Chief Minister Ashok Chavan on Tuesday night ordered Shiv Sena activists to "behave themselves" after they attacked several cinema halls that would screen Shah Rukh Khans latest

Today's Discussion
Is Thackeray's demand justified?
Tell us
women section
Sponsor Ads
Leave a Comment
Post Your
Comments
   
  Click to login using
your Facebook account
© Copyright Sify Technologies Ltd, 1998-2010. All rights reserved. India News Portal, Sify.com hosted at SifyHosting India's first Level 3 Internet Data Centre.
Site optimized for Internet Explorer 5.5 and above.
See Disclaimer | Privacy Policy & Parental Guidance on pornography | careers@sify | About Us | Feedback | Advertise