October 27 2009
A tight defense budget has required the British Royal Navy to agree to cut one of its two new aircraft carriers to save about 8 billion pounds (US$13 billion), reports the Times of London.
Navy leaders have been forced to back down on the plan to buy two new 65,000-ton Queen Elizabeth-class aircraft carriers due to the rising costs of the F-35 Joint Strike Fighter, which is being procured to fly from the carriers.
The navy has already signed the contracts to build the two...
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