Wrong way round - they've made the cuts (sorry, manpower adjustments!) to pay for this sort of thing rather than buy this sort of thing to cover the gaps made by the cuts. This and other 'brilliant solutions' have been on the drawing board for ages, but without the budget to pay for it all.
What worries me is the insistence on the swiss army knife approach to procurement. Just as Typhoon, designed as a cold-war, MOB only fighter is suddenly a multi-role expeditionary wonder capable of replacing any FJ, this LCLC is a bomber, recce, comms, missile platform doing the AT job. The trouble with a swiss army knife is whilst it's fun to play with and has a natty pair of scissors, it's just bugger all use for getting you through a jungle - go buy a machete instead!