From the Defence Committee's report:
The Report also considers what appears to be a worsening situation in the airbridge carrying troops and materiel between UK and the operational theatres. The Committee was concerned to learn last year that the A400M transport aircraft programme had been delayed by 15 months, requiring an extension of the ageing Hercules C-130K aircraft fleet. Mr Arbuthnot commented, “It is extremely serious that the A400M transport aircraft programme is now running two years late and further delays cannot be ruled out. The Government must set out its most up-to-date thinking on the options available and say whether it considers that there is a real risk that the entire A400M project might be so delayed that abandonment would be preferable.”
Perhaps that and the report in the Times that the Govt may have to use £2Bn of taxpayer's money to rescue PFI schemes doesn't bode well for the FSTA either.