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Tuesday, March 25, 2014

Italy to axe more F-35s and one aircraft carrier (which appears on eBay)

F-34B Lightning IIItaly’s new Government is considering another cut of its order of 90 F-35s. But the Spending Review is targeting Rome’s older aircraft carrier. Which has already appeared on eBay.

Although nothing has been decided yet, it’s hard to believe the current plan to buy 90 F-35 to replace the aging fleet of Tornado IDS, AMX (Italian Air Force) and AV-8B+ (Italian Navy) will survive the cuts already announced by the new Renzi cabinet.

Italy plans to save 3 billion Euro (4.18 billion USD) in defense savings over the next three years, money that will come from the sale of some barracks and military buildings, from a reduction of the personnel, and from cuts to some top spending programs, first of all the F-35, on which the government has so far committed to spend some 12 billion Euro.

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