F- 35 Jet Update

Italy cuts spending on F-35 -defence minister

ROME | Tue Feb 14, 2012 11:08am EST

Feb 14 (Reuters) - Italy will cut investment in Lockheed Martin Corp's F-35 stealth fighter plane, Defence Minister Giampaolo Di Paola said on Tuesday, adding that more detail would be given on Wednesday.

"The F-35 was reviewed like all the other weapons programmes. Tomorrow I will be more clear on the details," Di Paola said. The fighter "is still an important commitment" for the country's defence system, he added.