Italy grapples with funding dilemma over Tranche 3 Eurofighters




 
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October 10th, 2007  
rock45
 

Topic: Italy grapples with funding dilemma over Tranche 3 Eurofighters


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.

Full story
http://www.flightglobal.com/articles...ofighters.html
 


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