MoD overruns ‘worse’
2 April 2012
Purchasing time and cost overruns are getting worse at the Ministry of Defence, according to the National Audit Office, writes Cathy Hayward.
The NAO’s annual report on the major defence projects that are currently in the pipeline, Major Projects Report 1999, found that the armed forces now receive major equipment on average four years late.
Four of the 25 projects contribute to the bulk of the cost overruns: the Eurofighter, Merlin helicopter, Bowman radio and Spearfish torpedo.
The report also...