Sunday, November 2, 2008

Russian Aircraft Carrier Overruns And Delays

Aircraft Carrier Admiral Gorshkov

India Rejects Russian Aircraft Carrier Price Demand
-- Flight Global

India's finance ministry has for the second time rejected a proposal from the nation's defence ministry to approve an additional $1.2 billion in funds to complete a retrofit project to the decommissioned Russian aircraft carrier Admiral Gorshkov.

Read more ....

My Comment: The U.S. is not the only country that has cost overrun problems. (But I am still not reassured by this news).

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