Aircraft makers do battle over cost of contract

The battle to win a $1.5 billion contract to supply Australia with new combat transport aircraft has heated up. A US bid document has prompted a European competitor to suggest its offer could save as much as $300 million in the lifetime of the project. The tender for as many as 10 ''battlefield airlifter'' aircraft to replace the RAAF's DHC-4 Caribou, which were retired in 2009, has been under way since September.

See the full article at smh.com.au