Defence spending

#1
LONDON (Reuters) - The government will buy fewer maritime patrol planes and missiles under defence spending plans that have cut budgeted costs by 699 million pounds, the National Audit Office (NAO) reported on Friday.

The Ministry of Defence (MoD) also trimmed budget overruns through bookkeeping exercises such as removing a 368 million-pound provision that had been set aside for the purchase of combat jet weapons in the future,
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an annual report from the NAO showed.

"The decreases in forecast costs this year were primarily due to reductions in the numbers or capability of the equipment," it said.

The MoD will refurbish 12 instead of 18 Nimrod maritime patrol planes used for detecting enemy submarines and ships. It has also chopped 145 million pounds out of plans to equip Type 45 destroyers now being built.

BAE Systems is involved in both projects.

The MoD is now 2.7 billion pounds, or about 10 percent, above what it expected to spend when the 20 projects were first given the go-ahead, the NAO report showed.

Costly delays continue to plague procurement, it said, with the 20 programmes slipping by an average of two and a half months in the year to March. That put the average delay at 20 months.

The Eurofighter Typhoon combat jet has begun deliveries to the UK, Germany, Spain and Italy but is four and a half years behind schedule, for example.

The NAO report excluded financial details of the Eurofighter this year, citing sensitive negotiations under way among the programme's four founding nations over how to fund the third and final tranche of the jets.

In what appeared to be a pre-emptive strike ahead of the NAO's report, Minister for Defence Procurement Lord Drayson told a news conference on Tuesday that spending and overruns were "coming under better control".

"What we can see here is a significant improvement, although we still have a huge job to do and there are going to be bumps in the road," Drayson said.

A review of 20 top programmes a year earlier showed the budget forecast had risen by 1.7 billion pounds.

Shadow Defence Minister Gerald Howarth called Drayson's decision to comment three days before the release of the NAO's report "astonishing".
http://uk.news.yahoo.com/25112005/325/defence-spending-cut-rein-budget-report.html
 
#3
"exercises such as removing a 368 million-pound provision that had been set aside for the purchase of combat jet weapons in the future,"

'Ang on, let me get this stright.

It's decided by our glorious govenment that the Typhoon dosen't need a gun. Then Is to rely on missiles, then we decide not to by the missiles?

What are the RAF ment to use? Flashy's undier-wear?
 
#4
It's a shame Lord Drayson isn't as good at defence procurement as he is at making money out of selling expensive vaccines to the government he's an unelected member of.
 
#5
In other words to meet 'financial targets', they are willing to scrap weapons contracts which we need...

"The decreases in forecast costs this year were primarily due to reductions in the numbers or capability of the equipment,"
8O 8O 8O :roll: :roll: :roll:
 

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