France and Indonesia have signed a preliminary defence pact that could lead to new orders of French military equipment including Rafale fighter jets and Scorpene submarines, French President Emmanuel Macron said on Wednesday.
"I am delighted that the letter of intent signed today could open up a new perspective with new orders for Rafales, Scorpenes, light frigates," Macron said at a joint press conference alongside Indonesian President Prabowo Subianto. Prabowo said France was one of Indonesia's main partners as it upgrades its military hardware and develops its defence industry through joint production and technology transfers.
Macron arrived in Jakarta from Vietnam on Tuesday night on the second leg of his Southeast Asia tour. The French president is scheduled to fly to Singapore on Thursday. Dassault Aviation shares were up 3.4% in the morning session in Paris. The jets' performance came under scrutiny last month after reports that Rafales used by the Indian air force were shot down by Pakistan's Chinese-made jets in clashes. Reuters
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