Libya Seeking Arms DealsMar 04, 2012 15:53 UTC
After a long hiatus in major arms purchases, and an equally long fall from its status as an ultra-modern Soviet arms client, Libya was among the countries discussed by Forecast International in its review of African defense market opportunities.
Libya’s military has traditionally been Soviet supplied, alongside some equipment from France and Brazil. The demise of the Soviet Union, the 1990s drop in oil prices, and Libya’s pariah status all combined to choke military modernization – but Libya’s new political direction, and the rise in oil prices, were beginning to change that. Widespread reports emerged in 2007 that France and Libya had signed a Memorandum of Understanding covering arms deals worth up to EUR 4.5 billion, including the first foreign sale of the Rafale fighter. Those reports weren’t followed by contract announcements – but 2009 reports and 2010 contracts showed that Russia was willing to fight to keep its old customer. Now, the question is where all of old the players fit in the new Libya, after Gadaffi’s fall:
- A Change in Libya [updated]
- Green Shoots in Libya
- A Spring Civil War, and Aftermath
- Contracts and Key Events [updated]
- Additional Readings [updated]
- Appendix A: The French Connection?