The production consortium of F-35 is requesting another 4 Billion $ from Turkey.
The Defence Producrement Agency which runs currently 250 projects does not have the money, so it made a request to the Finance Ministry to cover the additional costs.
If it is granted, Turkey would have commited 14 Billion $ to the F-35.
Due to the increasing production costs, it is anticipated that around 2014 another 8 Billion $ will be requested by the F-35 production consortium, in the bad scenario another 11 Billion $.
This would put Turkey's particaption in F-35 at a cost tag of 22 to 25 Billion $.
Ekonomi - F-35 projesinde 4 milyar dolarl?k ek maliyet krizi - ZAMAN GAZETES? [?nternetin ?lk Türk Gazetesi]
As the increasing costs can not be covered from the budget of the Defence Procurement Agency (SSM), the additional would be covered by Finance Ministry.
If Finance Ministry rejects the costs, Turkey will pull out of F-35 Consortium.
The letter to the Finance Ministry to cover the additional costs carries the a recommendation signature of the Army and the Defence Procurement Agency.
The Defence Producrement Agency which runs currently 250 projects does not have the money, so it made a request to the Finance Ministry to cover the additional costs.
If it is granted, Turkey would have commited 14 Billion $ to the F-35.
Due to the increasing production costs, it is anticipated that around 2014 another 8 Billion $ will be requested by the F-35 production consortium, in the bad scenario another 11 Billion $.
This would put Turkey's particaption in F-35 at a cost tag of 22 to 25 Billion $.
Ekonomi - F-35 projesinde 4 milyar dolarl?k ek maliyet krizi - ZAMAN GAZETES? [?nternetin ?lk Türk Gazetesi]
As the increasing costs can not be covered from the budget of the Defence Procurement Agency (SSM), the additional would be covered by Finance Ministry.
If Finance Ministry rejects the costs, Turkey will pull out of F-35 Consortium.
The letter to the Finance Ministry to cover the additional costs carries the a recommendation signature of the Army and the Defence Procurement Agency.