denel
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Well I can tell you Egypt is 50 years behind. Reutech's work is in the top tier from radar, ew, sigint and communications. It has undergone several consolidation and it has diversified into dual use e.g. a lot of technologies are out in the civilian market.
THe article is very vague. Egypt unfortunately lacks the impetus to go anywhere; their solution will be bought and then either licenced produced with external knockdown kits.
The amount they are putting down hardly covers actual infrastructure needed; 70% will go into the salaries of seconded army officers who will siphon it off to their person pet projects. I am not being harsh but i have seen it first hand during a few visits i did.