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Thu 31 Dec 2015 09:32 AM

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Kuwait's $3.5bn Eurofighter contract delayed - source

Italian defence group Finmeccanica had originally expected to complete the deal in November

Kuwait's $3.5bn Eurofighter contract delayed - source
(Getty Images)

The completion of a contract for Italian defence group Finmeccanica to sell 28 Eurofighter jets to Kuwait has been delayed after first week of January, a source close to the matter said on Wednesday.

Finmeccanica had originally expected to complete the deal in November, but that target was already put back to mid-December due to problems over pilot training and specialised personnel.

"We are looking at after the Epiphany," the source told Reuters, in a reference to Jan. 6, which is a national holiday in Italy.

The deal is worth up to $4.3 billion (4bn euros) to Finmeccanica, sources close to the matter have told Reuters.

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