Libya to buy Russian fighter jets for $1 billion

20 Oct, 2009

Libya is planning to buy more than 20 Russian fighter jets in a billion-dollar arms deal with Moscow, the Interfax news agency reported on Monday, citing a military-diplomatic source. "Libya is planning to buy 12 to 15 Su-35 multipurpose fighters, four Su-30s and six Yak-130 combat training planes from Russia," the unnamed source was quoted as saying.
The contracts could be signed at the end of this year or the beginning of 2010 and would have a total value of about one billion dollars (670 million euros), he said.
"Many of the contracts are already fairly well worked out from a technical viewpoint and are practically ready for signing. The financial aspects still need to be resolved," the source told Interfax. A spokesman for Rosoboronexport, the state-owned arms exporter that oversees Russia's foreign arms sales, could not be reached for comment on Monday.

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