No need for more Hobbits!
MoD may delay carrier contract
By Sylvia Pfeifer and Chris Giles
Published: January 10 2008 22:02 | Last updated: January 10 2008 22:02
The Ministry of Defence is examining possible delays to its £4bn contract for two new aircraft carriers as it struggles to meet Treasury demands for swingeing cuts to its budget.
The MoD had been expected to agree a manufacturing contract with the industry alliance building the Royal Navy carriers as early as next week, but that now looks likely to slip.