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Post by Frenchie on Jul 13, 2009 21:06:48 GMT 1
Britain will press ahead with plans to acquire the pan-European A400M military transporter aircraft despite rising costs and delays in its delivery, a government minister said on Monday. The A400M, being built by Europe's Airbus, has faced repeated production delays and cost overruns leading to disagreements over how to share the costs in a project worth around 20 billion euros (17 billion pound). Britain has ordered 25 of the aircraft, worth about 100 million euros each, and has laid down strict financial conditions before it will agree to go ahead with the project. "The A400M is a very important aircraft. We need the A400M as soon as possible for defence," Paul Drayson, the minister for strategic defence acquisition, told Reuters in an interview. Reuters >>
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bigstevie
Kingsman
Honorary Member
Posts: 197
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Post by bigstevie on Jul 14, 2009 14:46:57 GMT 1
The project has become known as 'Bowman 2'.
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