Italy Saves €450M from Defence Contract

Italy Saves €450M from Defence Contract

15-Nov-2018 Source: HeliHub.com

Italy is planning on cutting €450 million from their 2019 planned defence spending in order to help support tax and social welfare cuts. A detailed plan will be released in the coming days but for now they have revealed that the money will be coming from suspending their purchases on NH-90 aircraft for both the Navy and Army. They will also be suspending the upgrades to their Tornado aircraft. They will be postponing purchasing the MBDA Camm-Er missile defence system for a year as well as cancelling moving their offices from Rome’s city centre to the suburbs, reports Defense News.

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