Saturday, April 9, 2011

DTN News - DEFENSE NEWS: A400M Backers Agree Profit-Sharing Deal....NSI News Source Info # 1797

DTN News - DEFENSE NEWS: A400M Backers Agree Profit-Sharing Deal....NSI News Source Info # 1797
(NSI News Source Info) TORONTO, Canada - April 9, 2011:

The seven countries that are funding the latest Airbus military transport aircraft have agreed on a profit-sharing formula for its export sales.


The contract, which was signed in Seville on Thursday by the countries’ armament directors, marks the final stage in the normalisation of the €31bn ($44bn) A400M project that is already four years late and more than €11bn over budget.

http://defense-technologynews.blogspot.com/2011/04/dtn-news-defense-news-a400m-backers.html


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