U.K. Airbus A400M Airlifter Costs Exceed Plan by $1.2 Billion
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The Airbus Military A400M airlifter for the U.K. is now running over budget by 770 million pounds ($1.2 billion), according to the British Ministry of Defence.
There is also a cost overrun on a Thales SA Watchkeeper drone program and a Northrop Grumman Corp. electronic system for aircraft, Philip Dunne, a minister for defense, told Parliament in written answers to questions.