The Italian Government has significantly reduced the number of Eurofighter Typhoon jets it has on order due to tight financial conditions.
Italian Defence Minister Ignazio La Russa said at Farnborough Air Show in the UK that Rome has decided to cut its planned purchase of Typhoon jets by 25 planes due to budget pressures.
Italy will save $2.6bn by buying 96 of 121 of the multirole aircraft ordered earlier for the Italian Air Force, according to UPI.
Russa said that Italy’s decision to reduce its order for Eurofighter will not affect the business of Finmeccanica, which is part of the consortium building the fighter jet.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData