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Saturday, February 11, 2012
Italy To Cut Back On F-35 Jet And Navy Frigate Orders
Italy will also reduce to six from 10 its order of FREMM-class frigates
Italy will scale back planned purchases of the F-35 joint strike fighter as well as frigates, Corriere della Sera reports Friday, without saying where it obtained the information.
In a detailed article, the Milan-based daily said Italy would reduce its planned EUR15 billion purchase of 131 F-35 fighter bombers, made by Lockheed Martin Corp., to 100 or at most 110.
Defense Minister Giampaolo di Paola last month in a television interview defended the procurement program but said there might be some cuts as Italy slashes public spending to balance its budget by 2013.
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