Tuesday, November 5, 2013

British Aircraft Carrier Costs 'To Double'

An artists' impression of the two new aircraft carriers. The Telegraph

Royal Navy Aircraft Carrier Costs 'To Double' -- BBC

The cost of two new aircraft carriers being built for the Royal Navy is expected to be almost twice the original estimate, the government is expected to confirm this week.

In the latest budget, the Ministry of Defence is set to estimate the cost of the two ships at £6.2bn.

The department says it is renegotiating the contract to avoid further significant rises.

Six years ago, when the contract was approved, costs were put at £3.65bn.

Read more ....

More News On British Aircraft Carrier Costs Projected 'To Double'

Carrier cost 'could rise even higher than £6.2 billion' -- The Telegraph
Aircraft carrier contract renegotiated as costs soar -- The Guardian
Aircraft carriers’ cost to rise to £6.2bn -- Financial Times
Royal Navy's aircraft carrier bill 'to hit £6bn' -- The Independent
Aircraft carriers bill 'likely to top £6 billion' -- ITV
Royal Navy aircraft super-carriers bill doubles to more than SIX BILLION pounds -- Mirror
Q&A: UK aircraft carrier contracts -- Financial Times

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