EADS Defence Unit Wants To Reduce Eurofighter Production

nasdaq.com - 10/21/2011

Aircraft maker European Aeronautic Defence and Space Co NV (EADS) said it will manufacture fewer military aircraft in coming years than previously, in response to cost-cutting measures by the German defence ministry. A report in the Financial Times stated Wednesday the government's austerity measures include reducing the size of its armed forces, and buying 140 instead of 177 Eurofighters, 40 instead of 53 A400Ms, 80 instead of 122 NH-90s, and 40 instead of 80 Tigers.

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