Opinion: Fiscal chasm yawns at continued UK MoD travails
The UK Public Accounts Committee has issued a damning report into the state of MoD funding for the Equipment Programme. Having reported in May 2018 that the programme, worth approximately £186.4 billion ($243.5 billion) over the next ten years, was unaffordable, the committee has now concluded that the MoD has at least £7 billion of unaffordable projects, and no clear plan on how to make the plan meet its financial targets.
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