French PM Valls in Saudi Arabia to sign ‘significant’ armaments deal

French Prime Minister Manuel Valls is due in Saudi Arabia Monday on the third leg of a Middle East tour, hoping to secure large sales of French military equipment despite the kingdom’s questionable human rights record.

Egypt, France sign Mistral warship deal

Egypt signed a deal with France to buy two Mistral warships, announced at a joint press conference Saturday.

Russia received twice more than paid for Mistrals in ruble equivalent due to devaluation

Russia has already received twice more than it paid for Mistral amphibious landing ships in ruble equivalent because of devaluation, Minister of Industry Denis Manturov said on Friday.

French opposition demands explanations for severing Mistral deal with Russia

Reports saying the breakup of the agreement with Russia on the delivery of two Mistral-class helicopter carriers will cost twice as much as declared by the Elysees Palace have triggered agitated polemics in France, with the main opposition parties demanding an official account from the authorities.

Hollande, Putin agree compensation for cancelled Mistral deal

President François Hollande's office announced Wednesday that a deal had been reached with President Vladimir Putin to pay Russia compensation for cancelling the delivery of two French Mistral warships over the Ukraine crisis.

Decision on Mistral helicopter carriers to be made by end of summer (Manuel Valls, French PM)

French authorities will take a decision [on the issue of delivery to Russia] of the Mistral class helicopter carriers before the end of summer, Prime Minister Manuel Valls said on Friday after a ministerial council meeting at the Elysee palace.

France 'to refund Russia' over scrapped Mistral deal

After eight months of negotiations France and Russia have reached a deal on the amount Paris must pay Moscow in compensation for the non-delivery of two Mistral warships, a senior Russian official said.

France Offers Russia 785 mln Euros to Ditch Warship Deal

France has offered Russia 785 million euros to scrap a contentious contract to supply two warships that was suspended due to the Ukraine crisis, a report said Friday.

Russia not to demand penalties from France for non-delivery of Mistral ships (Putin)

Russia will not demand penalties from France for its refusal to deliver Mistral-class helicopter carriers but the money and expenses incurred should be returned, Russian President Vladimir Putin said at an annual Q&A conference on Thursday.