Cost Of Britain’s Military Programmes Soars £500m In Just A Year ‘Due To Wasteful MoD Chiefs’ -- Daily Mail* 15 procurement projects have overspend of £6.1billion
* £42billion black hold in Ministry of Defence budget
The cost of Britain’s biggest military programmes has soared by £500million in a year because ‘wasteful’ defence chiefs failed to ‘live within their means’.
A withering Commons report today finds that 15 crucial procurement projects are £6.1billion - or 11.4 per cent - over budget.
The spiralling bill for new equipment, including ‘hunter-killer’ submarines, fighter jets, aircraft carriers and transport planes, is revealed as the Armed Forces are ordered to make crippling cuts.
Read more ....
My Comment: You would think that after massive budget cuts the MoD would get it's act together. Sighhhh ... apparently not.
1 comment:
Well if the government are financially struggling that much then they should stop wasting money on their rapid prototyping and use us as we are much more competitive than their current suppliers!
Post a Comment