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Friday, July 11, 2008

Australia to pay $75m each for new fighter

Australia can expect to pay no more than $75 million for each new Joint Strike Fighter (JSF) - substantially less than some estimates.

Dr Stephen Gumley, chief executive of Defence Materiel Organisation (DMO), said he regarded JSF as affordable.

"I would be surprised that we would be paying more than about 75 million Aussie dollars a copy for the aircraft, measured in 2008 dollars," he told a parliamentary committee.

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