The cost of new fighter aircraft for Australia
'Sky's the limit' on jet fighter bill
Tom Hyland
October 15, 2006
The cost of the fighter aircraft the government wants to buy cannot be calculated.
Photo: AFP
THE cost of the new fighter aircraft Australia wants to buy cannot be calculated, and the whole project is marked by uncertainty and financial risk, an auditor's report says.
With the Federal Government about to commit to the production phase of the Joint Strike Fighter project, a report by the Dutch audit office warns development costs could go higher and the eventual bill for the aircraft cannot be determined.
Australia plans to buy 100 of the new fighters in a deal notionally worth $A16 billion — the nation's largest defence purchase.
To read the full article from The Age, click on:
The Age
Tom Hyland
October 15, 2006
The cost of the fighter aircraft the government wants to buy cannot be calculated.
Photo: AFP
THE cost of the new fighter aircraft Australia wants to buy cannot be calculated, and the whole project is marked by uncertainty and financial risk, an auditor's report says.
With the Federal Government about to commit to the production phase of the Joint Strike Fighter project, a report by the Dutch audit office warns development costs could go higher and the eventual bill for the aircraft cannot be determined.
Australia plans to buy 100 of the new fighters in a deal notionally worth $A16 billion — the nation's largest defence purchase.
To read the full article from The Age, click on:
The Age
posted by Pax Christi @ Sunday, October 15, 2006
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