Janes - News page

UK made GBP1 billion in emergency procurement funding cuts over past year

by Tim Ripley

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay within its budget in the financial year up to the end of March, according to the annual report into the country’s military procurement plans by the National Audit Office (NAO).

The spending watchdog reported in a 12 January press release that its best estimate of the UK Ministry of Defence’s (MoD’s) procurement budget shortfall out to 2030 had risen to GBP7.3 billion, up by GBP2.9 billion from the previous year. Its worst-case estimate of underfunding was GBP17.4 billion.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/uk-made-gbp1-billion-in-emergency-procurement-funding-cuts-over-past-year/

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay w...

Know the threat

Impartial perspective on military capabilities, terrorism and insurgency and chemical, biological, radiological and nuclear threats.

Threat Intelligence

Know the location

Build a clear picture for military operations or market knowledge through smart geospatial layers.

Country Intelligence

Know the opportunity

Trusted, connected data and unique insight that enables growth in a complex and reshaping industry.

Defence Industry Intelligence

Know the detail

Connected, structured equipment data that delivers unique insights.

Equipment Intelligence

UK made GBP1 billion in emergency procurement funding cuts over past year

by Tim Ripley

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay within its budget in the financial year up to the end of March, according to the annual report into the country’s military procurement plans by the National Audit Office (NAO).

The spending watchdog reported in a 12 January press release that its best estimate of the UK Ministry of Defence’s (MoD’s) procurement budget shortfall out to 2030 had risen to GBP7.3 billion, up by GBP2.9 billion from the previous year. Its worst-case estimate of underfunding was GBP17.4 billion.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/uk-made-gbp1-billion-in-emergency-procurement-funding-cuts-over-past-year/

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay w...

UK made GBP1 billion in emergency procurement funding cuts over past year

by Tim Ripley

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay within its budget in the financial year up to the end of March, according to the annual report into the country’s military procurement plans by the National Audit Office (NAO).

The spending watchdog reported in a 12 January press release that its best estimate of the UK Ministry of Defence’s (MoD’s) procurement budget shortfall out to 2030 had risen to GBP7.3 billion, up by GBP2.9 billion from the previous year. Its worst-case estimate of underfunding was GBP17.4 billion.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/uk-made-gbp1-billion-in-emergency-procurement-funding-cuts-over-past-year/

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay w...

UK made GBP1 billion in emergency procurement funding cuts over past year

by Tim Ripley

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay within its budget in the financial year up to the end of March, according to the annual report into the country’s military procurement plans by the National Audit Office (NAO).

The spending watchdog reported in a 12 January press release that its best estimate of the UK Ministry of Defence’s (MoD’s) procurement budget shortfall out to 2030 had risen to GBP7.3 billion, up by GBP2.9 billion from the previous year. Its worst-case estimate of underfunding was GBP17.4 billion.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/uk-made-gbp1-billion-in-emergency-procurement-funding-cuts-over-past-year/

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay w...

UK made GBP1 billion in emergency procurement funding cuts over past year

by Tim Ripley

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay within its budget in the financial year up to the end of March, according to the annual report into the country’s military procurement plans by the National Audit Office (NAO).

The spending watchdog reported in a 12 January press release that its best estimate of the UK Ministry of Defence’s (MoD’s) procurement budget shortfall out to 2030 had risen to GBP7.3 billion, up by GBP2.9 billion from the previous year. Its worst-case estimate of underfunding was GBP17.4 billion.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/uk-made-gbp1-billion-in-emergency-procurement-funding-cuts-over-past-year/

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay w...

UK made GBP1 billion in emergency procurement funding cuts over past year

by Tim Ripley

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay within its budget in the financial year up to the end of March, according to the annual report into the country’s military procurement plans by the National Audit Office (NAO).

The spending watchdog reported in a 12 January press release that its best estimate of the UK Ministry of Defence’s (MoD’s) procurement budget shortfall out to 2030 had risen to GBP7.3 billion, up by GBP2.9 billion from the previous year. Its worst-case estimate of underfunding was GBP17.4 billion.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/uk-made-gbp1-billion-in-emergency-procurement-funding-cuts-over-past-year/

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay w...

UK made GBP1 billion in emergency procurement funding cuts over past year

by Tim Ripley

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay within its budget in the financial year up to the end of March, according to the annual report into the country’s military procurement plans by the National Audit Office (NAO).

The spending watchdog reported in a 12 January press release that its best estimate of the UK Ministry of Defence’s (MoD’s) procurement budget shortfall out to 2030 had risen to GBP7.3 billion, up by GBP2.9 billion from the previous year. Its worst-case estimate of underfunding was GBP17.4 billion.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/uk-made-gbp1-billion-in-emergency-procurement-funding-cuts-over-past-year/

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay w...

UK made GBP1 billion in emergency procurement funding cuts over past year

by Tim Ripley

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay within its budget in the financial year up to the end of March, according to the annual report into the country’s military procurement plans by the National Audit Office (NAO).

The spending watchdog reported in a 12 January press release that its best estimate of the UK Ministry of Defence’s (MoD’s) procurement budget shortfall out to 2030 had risen to GBP7.3 billion, up by GBP2.9 billion from the previous year. Its worst-case estimate of underfunding was GBP17.4 billion.

Already a Janes subscriber? Read the full article via the Client Login
Interested in subscribing, see What we do

Share

https://www.janes.com/defence-news/uk-made-gbp1-billion-in-emergency-procurement-funding-cuts-over-past-year/

UK defence chiefs ordered a GBP1 billion (USD1.4 billion) round of emergency spending cuts to stay w...

Loading animation

Request a free consultation to find out how in a world of fake news and ever growing conflict, Janes can provide you with unbiased, verified open-source intelligence.

Defence News Janes | The latest defence and security news from Janes - the trusted source for defence intelligence