Kremlin says Russian defence sector 'fine', accuses U.S. of unfair competition

Kremlin spokesman Dmitry Peskov arrives for the meeting with officials of Rostec high-technology state corporation at the Novo-Ogaryovo state residence outside Moscow, Russia December 7, 2017. REUTERS/Sergei Karpukhin

MOSCOW (Reuters) - The Kremlin said on Wednesday that "everything is fine" in the Russian defence sector, responding to an assertion by the U.S. State Department that sanctions had cost Russia $3 billion in lost defence contracts.

"I can just say that everything is fine, everything is fine," Kremlin spokesman Dmitry Peskov said in a phone call with reporters on Wednesday.