07 March 2010
Airbus A400M Transport Gets Its Bailout
EADS will get another €3½ Billion to make the aircraft, with €2 billion being pure bailout, and €1½ billion being recouped on export sales.
Note that the original budget was for €20 billion, and I'm sure that this is not the last of the cost escalations.
Note that the original budget was for €20 billion, and I'm sure that this is not the last of the cost escalations.
Labels:
Aviation
,
Defense Procurement
,
Europe
0 comments :
Post a Comment