French shipbuilder DCNS has sold four Gowind warships to Egypt, with the first 2,500-ton corvette to be built in France and the remaining three in Alexandria through a technology transfer, a company spokesman said Friday.

The contract was signed in June and has now gone into effect, the spokesman said. The spokesman declined to confirm the €1 billion (US $1.4 billion) value for the four units reported on the website La Tribune.

This is a “major program for the Egyptian Navy,” he said. […]