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Monday, July 20, 2015

BAE slashes cost of making Typhoon jet fighters as it seeks new export orders

Eurofighter TyphoonBAE Systems has slashed the cost of producing a Typhoon jet by 20pc over the past five years and slowed the production rate in an attempt to boost export orders for the supersonic fighter.

The company, which builds the aircraft at its plant in Warton, Lancs, is seeking to win export customers as it closes in on providing the 160 jets ordered by the Ministry of Defence.

So far the RAF has taken delivery of 129 of the twin-engine planes which, according to government data, cost £87m each.

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