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Monday, December 03, 2007

Italy Confident It Can Afford 4 More FREMM Frigates

Despite slipping deadlines for signatures and rumors of funding shortfalls, the Italian government has committed to buying four Fremm frigates in 2008, bringing to six the number of vessels ordered in a total planned buy of 10.

The first two frigates were ordered in 2005 after a last-minute scramble for extraordinary funding as regular defense spending was cut.

Publication of budget figures for 2008 called into question Italy’s ability to proceed with a second lot of Fremm frigates, as industrial sources feared funding would not cover commitments.

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