Search This Blog

Friday, March 14, 2014

Italy prepared to cut major defence projects - minister

F-35C Lightning IIItaly will review its military needs and not hesitate to cut spending on unnecessary big projects, new defence minister Roberta Pinotti said on Wednesday, an announcement that will put the spotlight on its order for F-35 jets.

Italy last announced major defence cuts two years ago in response to the euro zone debt crisis, including a 30-percent reduction in orders of Lockheed Martin Corp's radar-evading F-35 fighter planes.

The government is now committed to buy 90 of the warplanes for about 10 billion euros ($14 billion), but there is broad political support for further cuts to the programme.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.