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EADS Subsidiary Confirms Arms Deal With Libya


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EADS Subsidiary Confirms Arms Deal With Libya

(by DW-TV)

A subsidiary of the European aerospace group EADS confirmed Friday that it had received two orders worth almost 300 million euros ($411 million) for Milan-type anti-tank missiles and communication systems from Libya.

The first contract, worth 168 million euros for the Milan missiles, was almost complete.

"The contract is ready to be signed," a spokeswoman for MBDA, the missiles systems subsidiary of EADS, said in Paris.

A second contract worth 128 million euros for communication systems was also close to completion, she said.

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