Europe Reaches Agreement To Build The A400M Military Plane

The A400M is over-budget and behind schedule
Final Deal To Build Europe's A400M Military Plane -- BBC

European governments have agreed a final funding deal for the 20bn euro (£17.3bn) programme to build a new military transport aircraft.

The A400M, built by aerospace firm EADS, has been dogged by uncertainties over technical specifications and pressure on defence budgets.

The seven launch customers are the UK, France, Germany, Belgium, Luxembourg, Spain and Turkey.

The defence project, one of Europe's largest, will create 10,000 jobs.

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More News On Europe's A400M Military Plane

European Nations Agree On Revised Airbus A400M Contract -- Wall Street Journal
Europe finalises Airbus A400M bailout deal -- Reuters
Deal reached on A400M financing -- Bloomberg

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