UK MoD accused of wasting billions
The UK Ministry of Defence (MoD) has squandered billions of pounds through ill-judged acquisition decisions, including some £5 billion to dispose of its Nimrod MRA4 and Sentinel capabilities in order to balance the defence budget, a new report has revealed.
A forecast £36 million ‘black hole' resides over the defence budget over a ten-year period, according to the Major Projects 2010 report, released by the House of Commons Committee of Public Accounts on 22 February.
The 15 largest military projects were covered in the report. Although the report stated that 13 of the 15 projects performed well over the past
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 1 free story per week
- Personalised news alerts
- Daily and weekly newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Defence Notes
-
![Why the Arctic could be Russia’s next target]()
Why the Arctic could be Russia’s next target
Moscow has been upgrading and re-equipping its bases in the Far North, and international affairs and defence experts say that the possibility of a war in the region cannot be ruled out.
-
![Amentum to provide ground support for US Navy hypersonic development]()
Amentum to provide ground support for US Navy hypersonic development
The US Naval Surface Warfare Center (NSWC) Crane Strategic Systems Hardware Division (GXW) has awarded Amentum a five-year contract with a potential value of $70 million. …
-
![Why delays in approving the FY2024 budget can widen the gap between Chinese and US capabilities]()
Why delays in approving the FY2024 budget can widen the gap between Chinese and US capabilities
Naval shipbuilding and restocking key munitions, as well as development projects, may be directly impacted by short-term funding measures.
-
![SOF Week 2023: USSOCOM chief highlights special forces lessons learned from Ukraine relationship]()
SOF Week 2023: USSOCOM chief highlights special forces lessons learned from Ukraine relationship
USSOCOM Commander Gen Bryan P Fenton has highlighted the importance of relationship-building between US SOF and their Ukrainian counterparts since 2014.
