Financial Times FT.com

Funding for alternative strike fighter engine restored

By Demetri Sevastopulo in Washington

Published: May 4 2006 22:34 | Last updated: May 4 2006 23:41

Rolls-Royce appeared to win a major victory on Thursday after two congressional committees restored money in the 2007 defence budget for an alternative engine for the Joint Strike Fighter programme.

The Pentagon earlier this year recommended cancelling the alternate $2.4bn engine, which was being developed by the British company and its US partner General Electric, to cut back costs on the $257bn JSF programme, the most expensive weapons programme in history.

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