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U.S. urges Dutch to stick by F-35 fighter order

The Department of Defense urged the Netherlands on Thursday not to cut its order for advanced F-35 warplanes, saying it could end up paying more per plane if it did.Fearing that major cuts to orders could ultimately doom the delayed and over-budget $400 billion F-35 Joint Strike Fighter project, U.S. officials have been stepping up pressure on buyers to stick to their initial undertakings.The Dutch government is expected to scale back its order of 85 planes to between 52 and 68, according to people close to the discussions. Purchase plans are due to be finalized this year.U.S. Air Force Lieutenant General Christopher Bogdan, the head of the Pentagon's F-35 program, told the Dutch parliamentary defense commission it was best for the Netherlands to stick to the original plan."If you take airplanes out of the production line today, that will have a great impact on the price of the airplane," he told the commission in The Hague.But he said the timing of any cancellations was also critical ...

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    Dutch sportscar maker Spyker NV , which is suing General Motors Co for more than $3 billion on behalf of its subsidiary Saab, said on Monday it will oppose the U.S. ...

  10. BMW Sues Saab Automobile Parts for EUR2.6 Million over Unpaid Deliveries

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  7. Investor Raises Dividend as 4Q NAV/Share Rises 12% on Year

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