The deal, which has not yet been finalized calls for Kuwait to buy 22 single seat and six twin-seat Typhoons in a government-to-government agreement, Defense News reported.
If the deal goes through as planned, Kuwait would be the first foreign customer to acquire the active electronically scanned array (AESA) radar being developed for the Typhoon jet by Italy's Selex ES.
With a number of Middle Eastern countries having purchased the Rafale fighter jet from French rival firm Dassault, the Kuwaiti deal "reinvigorates other opportunities in the gulf region for Typhoon," one industry executive told Defense News.
Earlier this year, France closed deals to sell the Rafale to Qatar and Egypt, while it is already delivering the jets to Egypt.
Saudi Arabia and Oman have already purchased Typhoons, with the Saudis talking about buying more of the jets. Bahrain is another potential customer in the Gulf region.
The Italian-Kuwaiti deal follows reports in May that Kuwait was in talks with the United States to buy as many as 40 Boeing F/A-18 fighters.
The status of those negotiations is unknown. But a US source said there is a chance for a split buy from Kuwait, while talks on a Super Hornet sale to Kuwait are moving forward, Defense News reported.