Not a single, major Ministry of Defence project is expected to be delivered both on time and budget, in a blow to Boris Johnson as he holds crunch Ukraine talks with NATO leaders tomorrow.
An annual study of big-spending schemes reveals the likelihood of programmes being completed on schedule and in line with estimated costs.
The MoD has 36 entries in the Government Major Projects Portfolio, with “total whole-life” costs of £166.6billion, according to the National Audit Office.