defence procurement

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The process that went into procuring two new aircraft carriers at a cost of £5bn has been heavily criticised
MPs lament ‘astonishing’ £36bn defence overspend

By politics.co.uk staff Errors of financial management at the Ministry of Defence (MoD) have survived the strategic defence and security review (SDSR), MPs have admitted. The influential public accounts committee’s report released today highlights how spending decisions at the MoD have been lacking “the robust financial management necessary to control its resources effectively in the… Read more »