Italy grapples with funding dilemma over Tranche 3 Eurofighters
By Pino Modola
The Italian government has moved to guarantee its funding for the Eurofighter Typhoon for the next five years as part of a new draft budget request for 2008, but has stopped short of committing itself to the programme's Tranche 3 production phase amid cost concerns. o be partly funded by Italy's Ministry for Economic Development, the €5.4 billion ($7.7 billion) sum will come via increasing instalments worth €318 million next year, €468 million in 2009, €918 million in 2010, and €1.1 billion each in 2011 and 2012. The budget will shortly be presented to the Italian parliament for approval.
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October 10th, 2007
