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Friday, March 21, 2014

Spending on F-35 fighter jets frozen during review

F-35 Lightning IIItaly has frozen spending on its F-35 jet fighters program, pending a parliamentary review of military spending, says Defence Minister Roberta Pinotti.

Her comments during a television interview with La7 Wednesday night, came several days after Premier Matteo Renzi said that defence spending - including the budget for the F-35 program - was under review.

This could include three billion euros in potential savings for defence budgets. The government could decide to trim its Lockheed Martin F-35 fighter jets' budget, which is currently about 11.8 billion euros over 45 years beginning in 2015.

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