On June 26, 2007, the Eurofighter consortium has reached agreement with the Government of Austria on cost reductions of the Eurofighter procurement. Due to the political development in Austria, the changes are needed to secure the programme in the long term and at a very advanced stage.

Under the new agreement 15 Eurofighter Tranche 1 aircraft up to the latest capability standard will be delivered. Equipment standard will be limited to the requirements for air surveillance. Furthermore the agreement includes a price reduction of the In-Service Support Contract, which has yet to be signed.

The revisions lead to a € 370 million reduction of total contract value.