Although the build and outfitting of HMS Prince of Wales, the second of the UK’s new class of aircraft carrier, continues broadly on schedule, budgetary pressures still shadow the long-running programme.
According to the UK Ministry of Defence (MoD) 2018 Equipment Plan released on 5 November, the Queen Elizabeth-class carrier programme saw an increase of £149 million ($195 million) to its budget, based on 2017/2018 aggregate forecasts.
Initially budgeted to cost around £3.5 billion, the programme is now expected to cost the UK taxpayer in excess of £6 billion by its close.
Further, the report stated that UK