A program to build two aircraft carriers for the British Royal Navy is expected to go before the Ministry of Defence’s (MoD’s) Investment Approvals Board (IAB) Nov. 9
IAB go-ahead is the start of a process which, if things go according to plan, could see the government announce the deal, known here as Main Gate, before Parliament goes into Christmas recess in mid-December.
Still one rather large hurdle to get over (or hoop to jump through) so don't pop the champagne corks yet.