BERLIN, March 8 (Reuters) - Germany is examining making a slight reduction in its deliveries of the A400M military transport aircraft, a Defence Ministry spokesman said on Monday.

He also told Reuters that the ministry was looking at the possibility of doing without low-flying capability for the over-budget aircraft built by EADS (EAD.PA).

However, he said the government was standing by its position on penalty payments if the delivery plans for the A400M were not followed.