New UK MoD equipment report demonstrates spending progress
Following the scrutiny of its spending costs by the National Audit Office (NAO) in 2011, the UK MoD has now made ‘significant positive steps’ to deal with the defence budget’s multi-billion pound deficit, the office has announced.
The MoD’s Defence Equipment Plan 2012 was officially released on 31 January, which outlined details of the £159 billion that the government plans to spend over a ten year period on new equipment, data systems and equipment support.
The NAO reviewed the equipment plan, and concluded that progress had been made to balance the expenditure to meet the requirements of the National Security
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