A400M Just Gets Costlier
Written by Marhalim Abas on March 9, 2010 – 9:47 pm -KUALA LUMPUR: Based on the story below, it appears that we may end up paying up to RM700 million for each of our 4 A400M despite assurances to the contrary previously. Not a very good start to the upcoming RMK10, which according to most observers will only give around RM5 billion for defence….
PARIS – An agreement by customer nations to provide 3.5 billion euros ($4.8 billion) of financial support for the A400M represents a 10 percent cost overrun on the airlifter program, with Britain expected to cancel two or three aircraft, French Defense Minister Hervé Morin said March 8.
–Malaysian Defence
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