
Tuesday, July 20, 2010
Hurrah! Italy Cuts EuroFighter Plane
Order by 25, Saving 2 Billion
Why would Italy,
or the Euro Union, need any Grand Military. WHO is a THREAT??? Plus Italy
and Europe are overrun with US Air and Military Bases. Let them do what
they are there for. Which is What????
These Nations resources are going
to the Military - Industrial Complex that Pres. Eisenhower warned us about.
They are WAR Profiteers, and WAR/FEAR Mongers, instead of improving the
Infrastructure and Quality of Life of their own countries.
Italy, Britain, Germany and Spain
ordered a total of 620 Eurofighter jets in the 1990s and split the order
into three tranches, each of which needed separate funding approval. The
third tranche of 236 planes was split into two in 2008 when nations were
already facing a squeeze on budgets, and manufacturers have been pressing
governments to plug the remaining budget gap to avoid having to lay off
workers.
"We have decided to cut 25 Eurofighters
with a saving of 2 billion euros," Italian defense minister Ignazio la
Russa told reporters at the air show in southern England.
The War Mongers have not despaired.
They intend to sell 126 fighter jets to India, to ratchet up the tensions
with Pakistan, which will then encourage an "Arms Race", so shed no tears
for the War Profiteers. Save them for the impoverished Hundreds of Millions
in India and Pakistan, that struggle for mere survival. Surely they will
be sustained and proud to have fighter planes costing them 10 BILLION,
for "Trumped up" Hostilities, but little bread and porridge.
AIRSHOW-UPDATE 1
Italy to Axe Eurofighter Orders
Reuters; By Paolo Biondi; July 20,
2010
* Decision causes jitters at Farnborough
air show
* Industry to pay for new radar to
boost exports
FARNBOROUGH, England - Italy upset
Europe's defence industry on Tuesday by announcing plans to axe its share
of the final production run of the Eurofighter combat jet at the Farnborough
air show where foreign rivals were showcasing their own jets.
The unexpected announcement by one
of four nations involved in the project highlighted the pressures being
put on European defence budgets and came hours after reluctant arms firms
agreed to cough up the funds to develop a new radar for the plane to boost
exports.
"We have decided to cut 25 Eurofighters
with a saving of 2 billion euros," Italian defence minister Ignazio la
Russa told reporters at the air show in southern England.
Italy, Britain, Germany and Spain
ordered a total of 620 Eurofighter jets in the 1990s and split the order
into three tranches, each of which needed separate funding approval.
The third tranche of 236 planes was
split into two in 2008 when nations were already facing a squeeze on budgets,
and manufacturers have been pressing governments to plug the remaining
budget gap to avoid having to lay off workers.
La Russa did not say which planes
he was referring to but air show delegates said he clearly meant Italy's
entire allocation of 25 planes under the final tranche, known as 3B.
This would cut Italy's total Eurofighter order to 96.
"We have no comment because we have
received no formal communication," a Eurofighter spokesman said.
Defence reviews and budget pressures
have also placed doubts over remaining planes allocated to Italy's three
partners.
The Eurofighter is made by an industry
consortium of the same name that includes Italy's Finmeccanica: Britain's
BAE Systems and EADS which represents Germany and Spain.
The group last month submitted an
estimated 10 billion-euro offer to supply 124 planes under tranche 3B.
But executives in the consortium
are resigned to seeing the number fall as governments cut deeply into defence
spending.
"These cuts could be a big problem
because if you cut production capacity it is costly to get it back," an
executive close to the project said, asking not to be named.
Eurofighter said earlier it would
put an unspecified amount into a new radar for the plane together with
a specialist radar consortium led by Finmeccanica.
The fighter group said it aimed to
have the new actively scanned electronic radar on the multirole aircraft
by 2015.
The move and its timing were both
designed to position the European plane for a contest to supply 126 fighter
jets to India, one of the world's most sought-after defence deals.
The $12 billion Indian tender competition,
which could be formally launched next year, is in one of the most hotly
contested international defence markets, attracting bidders from the United
States, Russia and Europe.
http://www.reuters.com/article/idUSLDE66J0S020100720
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