Procurement: March 6, 2001

Archives

The UAE has told France it will not accept any more Leclerc tanks until France complies with contractual requirements that it will provide free upgrades for Leclerc's already delivered. According to the way the UAE reads the contract, GIAT (builder of Leclerc) should keep the UAE tanks at the same standard as French tanks for the life of the vehicles at no cost. The French do not agree that the contract requires these upgrades to be provided, at least not for free, not forever, and not immediately. GIAT has lost $1.4 billion on the sale of Leclercs to the UAE, and knew when the contract was signed that it would lose money. The deal was intended to create jobs inside France, keep the French national tank industry afloat, and get a better price for tanks sold to the French Army. The French government has had to bail GIAT out of bankruptcy more than once.Stephen V Cole

 


Article Archive

Procurement: Current 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 


X

ad
0
20

Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close