Fiji Times, 20th March 2017 – THE German government plans to buy six Lockheed Martin (LMT.N) C-130J military transport planes for around 900 million euros ($F1,998,828,319.5) starting in 2019 under a joint operating agreement with France, German government documents show.
Germany and France first began working on the deal in October and announced broad outlines of their plans in February at a meeting of the NATO alliance, part of a broader push to increase European defence cooperation.
The German finance and defence ministries provided first concrete details about the cost of the aircraft and 110 million euros in additional costs for infrastructure and training simulators in documents sent to lawmakers, who must approve the funding for the planned German-French agreement. Read more...
