Defence Budget in a Critical State
March 27th, 2008 by Defence Team — Articles, Overstretch
Commenting on today’s Defence Committee Report on Defence Equipment, Liberal Democrat Shadow Defence Secretary, Nick Harvey said:
“This highlights the critical state of our defence budget and the continuing burden of expensive, unwieldy and inefficient procurements.
“With three key procurements already forecast to cost almost £3 billion more than the original cost, seven of the largest equipment programmes experiencing slippage in 2007-08 of over six and a half years, and Key Targets unlikely to be met, the DE&S needs to get its act together quickly to avoid even greater slippage and costs, which could irrevocably damaging our future capabilities. Read more »

