The UK Ministry of Defence (MoD)“simply does not have enough money to buy all the equipment it says it needs”, a report by the parliamentary public accounts committee (PAC) has found.
The 9 May report, which was released on 11 May, says the MoD’s Equipment Plan 2017–2027 “is not realistic and the Department lacks cost control”, with an affordability gap of GBP4.9 billion–GBP20.8 billion (USD5.6 billion–USD 23.6 billion) in the plan's GBP179.7 billion budget. The report found that while the MoD has acknowledged an affordability gap of billions of pounds, it “is unable to quantify the size of the gap with any degree of precision”.
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