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Old 23rd Jun 2021, 07:34
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ORAC
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https://www.defensenews.com/global/e...hase-petition/

German government ups the pressure in $1.1B Poseidon purchase petition

COLOGNE, Germany – German government officials are asking for lawmakers’ approval to buy five P-8 Poseidon maritime-surveillance and submarine-hunting aircraft from the United States before Washington’s offer expires by the end of the month.

The request is detailed in an information package compiled by the Finance and Defence ministries for members of the Bundestag’s Budget committee. The panel is scheduled to meet June 23 to consider a raft of last-minute, defense-spending requests before lawmakers head into the summer recess ahead of the Sept. 26 federal election.

As is the case with other large military investments awaiting a decision, the P-8 acquisition would exceed current budget projections. The Defense and Finance ministries are negotiating an out-of-cycle budget increase to provide the necessary funding of roughly 1.4 billion euros, or $1.7 billion, through 2026.

The U.S. government’s offer for the aircraft, dated April 5, comes in at 1.1 billion. Taxes, training, spares and support make up remainder of the request to lawmakers, according to the document.….
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