UK ambitions fail to bridge the gap to fiscal reality
The UK National Audit Office last month released its annual assessment of the MoD Equipment Plan. This report makes some challenging reading, highlighting that for all the work undertaken by the MoD, it is still struggling to make the books balance.
Over the next ten years, the MoD expects to see a £7.3 billion ($10.18 billion) shortfall based on a predicted total budget of £190 billion.
Although this appears to be a far better performance than the £13 billion shortfall identified in the previous NAO report, cost growth is likely to get even worse over time, even with the £16.5
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
Pentagon’s FY26 defence budget proposal is $130 billion more than US Congress plans to provide
The House Committee on Appropriations approved a FY2026 bill reducing investments in main defence programmes.
-
What role could holographic and 3D capabilities play in the warfare of tomorrow
Holographic and 3D technologies have been lauded by some for their ability to provide technical and operational advantages for military training and planning. But is the hype truly justified?
-
Unfolding the Golden Dome for America: Seven things you should know about the programme
Shephard talked to multiple experts about the most pressing concerns and considerations regarding the air defence system advocated by President Trump.
-
Industry welcomes UK Strategic Defence Review, but pressure remains on future defence investment plans
While industry reception to the SDR has been positive, questions still remain from analyst and trade associations about what this could mean for future investment and the future UK Defence Industrial Strategy.
-
UK Strategic Defence Review puts emphasis on autonomy, airpower and munitions
The UK’s Strategic Defence Review (SDR) was launched as one of the first acts of the UK’s new Labour Government in June last year. The review has recommended a major big-picture reform of the country’s forces.