A damning report from a powerful Commons committee into defence finances paves the way to a major defence review and radical overhaul of how the MoD and forces run their business – whoever wins this year’s general election.
Friday’s report from the Public Accounts Committee reveals a £16.9 billion deficit in equipment plans at the Ministry of Defence. According to some sources, this could mean the ten year programme for acquisition, currently set at £288.6 billion could face a £69 billion shortfall on present projects and orders.
