There is no money in the EP, no money in the STP. All the services are being increasingly hard-hit, not only in the procurement programme but also in the operating budgets. Begs the question - where is it all going??? You could argue that it is ending up in the accounts of the BigAndExpensiveSystems operating divisions, but even that does not account for the discrepancy between what is in the Defence Budget for equipment procurement and what is actually being delivered. The CDS needs to argue for more (a lot more) money in the EP instead of continually running studies to try and get the force structure / budget equation to add up, when it is perfectly clear that at it's current level it never will!