Govt cancels multibillion-rand Airbus contract

Source: News 24

Cape Town : South Africa | about 1 month ago

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The Cabinet has decided to terminate the multibillion-rand Airbus A400M strategic lift military aircraft contract, government spokesperson Themba Maseko said on Thursday. "The termination of the contract is due to extensive cost escalation and the supplier's failure to deliver the aircraft...

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News Source: Asian Wall Street Journal | about 1 month ago

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