18.10.2005, 17:58
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Zitat:Franco-Italian FREMM Frigate Program in Trouble, Again
Posted 17-Oct-2005 05:25
DID has noted past issues with the bi-national Franco-Italian FREMM (Fregate Europeene Multi-Mission) program, a variant of the Horizon Class air defense frigate. Now the FREMM program has its Memorandum of Understanding delayed again, and may even risk cancellation over the Italian government's failure to include the necessary funding in its draft 2006 budget. Worse, the budget cannot be modified after its recent approval by Cabinet on Sept. 29, 2005 and pending submission to Parliament. Defense-Aerospace notes that according to Italian press reports, the financial shortfall amounts to about EUR 400 million for 2006. ...