MoD fiscal black hole continues to threaten equipment plans
With the ink still drying on the UK MoD’s newly released Defence Equipment Plan, the National Audit Office’s (NAO’s) stinging analysis of the MoD’s financial management could well set a grim backdrop for the upcoming Integrated Review of the country’s security, defence and foreign policy capabilities.
Published on 27 February, the Defence Equipment Plan outlines spending across all military domains over the next ten years. However, the continued existence of a funding black hole threatens current and future procurement programmes.
Key findings by the NAO reveal that the Equipment Plan ‘remains unaffordable’, with the MoD estimating that equipment and support
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Naval Warfare
-
![Hanwha Ocean to build FFX Batch-IV frigates for South Korea]()
Hanwha Ocean to build FFX Batch-IV frigates for South Korea
Hanwha Ocean aims for consistency between Batch-III and Batch-IV, despite radical technological overhaul.
-
![Navantia signs deal to supply new Avante 2200 corvettes to Saudi Arabia]()
Navantia signs deal to supply new Avante 2200 corvettes to Saudi Arabia
The vessels are the latest additions to an ongoing supply arrangement for Saudi Arabia’s defence force.
-
![Naval Warfare Preview 2025: Billion-dollar programmes will advance but unpredictable forces muddy the waters]()
Naval Warfare Preview 2025: Billion-dollar programmes will advance but unpredictable forces muddy the waters
Large programmes around the world are likely to be immune to flux, but the impact of geopolitics could be unprecedented in 2025.
-
![Saab Sea Giraffe to protect Swedish Navy]()
Saab Sea Giraffe to protect Swedish Navy
The Swedish manufacturer will supply its Sea Giraffe 1X naval radar in a range of configurations.
-
![South Korean Destroyer fleet approved for US improvement programme]()
South Korean Destroyer fleet approved for US improvement programme
The US State Department has agreed to sell South Korea technology to keep its Destroyer fleet effective as a deterrent.
-
![STM to build logistics support vessels for Portuguese Navy]()
STM to build logistics support vessels for Portuguese Navy
The contract marks the first time the Turkish shipbuilder will build vessels for a NATO member state.
