Morocco Secures $209.2M Loan to Procure MBDA Weapons
Morocco has secured a loan of around $209.2 million (€ 192 million) from PNB Paribas to buy weapons from MBDA France.
The development was announced in a report by Cabinet of Morocco published on May 18.
Although the document does not identify the type of weapons it intends to buy, France-based LA Tribune reported in January that the country plans to buy VL MICA missiles. The newspaper also stated that Morocco plans to acquire CAESAR self-propelled howitzers and ammunition for another $218 million (€200 million).
The VL MICA weapon system comes with two seekers (IR or RF).
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