Russian Firm Reports Losses In Libya
MOSCOW [MENL] -- A leading Russian defense contractor has reported the loss
of contracts in Libya.
The state-owned Russian Tactical Missiles has lost nearly $800 million
in contracts with the Libyan military. The company, which reported $390
million in sales last year, attributed the losses to the revolt that
overthrew and killed Col. Moammar Khaddafy in October 2011.