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Wednesday, September 09, 2009

Eurofighter Program Saved by Compromise Deal

Eurofighter TyphoonThe four nations involved in the Eurofighter Typhoon military aircraft consortium signed a long-awaited contract in late July to buy more of the controversial fighter jets.

The breakthrough represents a much-needed financial boost for a program central to European defense cooperation, one that, like other European defense projects, has been dogged by technical problems and spiraling costs.

The $13 billion deal between Britain, Germany, Italy and Spain for another 112 Eurofighters followed many months of debate over the cost of keeping production lines open amid growing concerns over budgets and defense priorities.

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