Germany-buyers support A400M, but not at any price

Defense News ~ BERLIN, Jan 15 (Reuters) - The countries that have ordered the A400M transporter plane are sticking to the project "but not at any price", a German Defence Ministry spokesman said on Friday.
Officials from the seven countries agreed at a meeting in London on Thursday evening "on a joint position on how to proceed".
The A400M's future has been threatened by an 11 billion euro or 55 percent blow-out in development and production costs, overshadowing a successful maiden flight carried out last month.
The countries wanted to invite the plane's manufacturer, Airbus, and its parent EADS (EAD.PA), in the coming days to a meeting to find an acceptable solution to the problem by the end of January, the spokesman added. (Reporting by Gernot Heller)