France to invest 1 bln euro on aircraft upgrade

France planned to invest 1 billion euro (1.364 billion U.S. dollars) in a bid to upgrade the Rafale combat aircraft enough to snatch deals and cope with a fierce competition, Defense Minister Jean-Yves Le Drian said Friday. "It is a clear sign of our commitment to invest in the Rafale... to have better international level. It is also a guarantee to offer for a long term products that meet the requirements of export," the minister said.

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