National Audit Office: Carrier Strike

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"The 2010 Strategic Defence and Security Review has radically changed the Carrier Strike concept. It generated £3.4 billion of savings but introduced significant levels of operational, technical, cost and schedule uncertainty. It will take two years for the Department to reach a mature understanding of the consequences of the decision. These consequences include a decade without an operational carrier and the risks after such a time associated with reconstituting the capability.

"The risks to the delivery of the new carriers are compounded by more generic problems with defence acquisition – notably the MoD’s continuing difficulties in balancing its budget."

Michael Whitehouse, NAO Chief Operating Officer, 7 July 2011
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