Old news, based on the
MoD program cost estimate updates given by Ingram in February, but this has to be the quote of the year:
"Officials said the new price may be a typing error or may include the cost of spares."
On a related note, I hear that this year's DPA pi$$-up at Strangeways Brewery has been canceled due to unforeseen circumstances...
Questions Arise on U.K. Lynx Contract Cost
Aviation Today April 3, 2007
Britain’s defense minister is being questioned about the cost of a contract for 70 AgustaWestland Future Lynx, which appears to have doubled in a year. The U.K. armed forces minister told Parliament the contract would cost £2 billion. But when AgustaWestland was selected last year as the preferred supplier the price was estimated at £1 billion or less. Officials said the new price may be a typing error or may include the cost of spares, value added tax and wage inflation.
I/C