Tanks a lot! UK cuts £10.8 billion from armoured vehicles programmes

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"The Department has yet to balance its defence budget fully and devise a plan to close capability gaps, despite having conducted the SDSR and two subsequent planning exercises." This is one of the many disquieting findings of a Public Accounts Committee (PAC) report on the UKs armoured vehicle procurement woes, entitled ‘The cost-effective delivery of an armoured vehicle capability.’ The report revealed that since 1998 the MoD (the Department) has spent £1.1 billion on the pr...

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