France says it is selling two Mistral-class warships originally intended for Russia to Egypt instead. In a statement Wednesday, the French president's office said Egypt would buy both ships. No price was given. France agreed to refund 950 million euros ($1 billion) already paid by Russia after Paris canceled the sale, which was supposed to be the biggest arms sale ever by a NATO country to Russia but was detailed by the Ukrainian crisis. Egypt also purchased 24 advanced fighter jets from France earlier this year for nearly $6 billion, as it sought international help to bomb Islamic State targets. Mistral-class warships can carry 16 helicopter gunships, 700 troops and up to 50 armored vehicles.