Libya signs contracts for French missiles

By
August 2, 2007 23:34

A government official said Thursday that Libya signed two contracts for missiles and communications equipment with French companies totaling 296 million euro (US$405 million). The first contract, worth 168 million euro (US$230 million), was for Milan missiles, and the second, totaling 128 million euro (US$175 million), was for advanced Tetra communications and surveillance equipment for the police, said the official, speaking on condition of anonymity because he was not authorized to speak to the press. He did not reveal the names of the French companies. "This is an important deal because it is the first of its kind that Libya signed with a Western country since sanctions imposed in the early 1990s," the official said.


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