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Reuters
Reuters
Business

France to sell 2 observation satellites to Poland -minister

FILE PHOTO: French Defence Minister Sebastien Lecornu attends a ceremony at the Arc de Triomphe, as part of the commemorations marking the 104th anniversary of the November 11, 1918 Armistice, ending World War I, in Paris, France, November 11, 2022. REUTERS/Gonzalo Fuentes/Pool

France and Poland have signed a deal for the sale of two French observation satellites to Poland, French Defence Minister Sebastien Lecornu said on Twitter.

"This major contract reflects Poland's trust in our technology and industry," Lecornu said after meeting with his Polish counterpart in Warsaw.

The Polish Armament Agency said the net value of the deal is around 575 million euros ($611.69 million) and that the launch into space of the Polish satellites produced by Airbus Defence & Space is to be completed by 2027.

($1 = 0.9400 euros)

(Reporting by Dominique Vidalon; Additional reporting by Anna Wlodarczak-Semczuk in Warsaw; editing by David Evans and David Gregorio)

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