PPRuNe Forums - View Single Post - MoD fury as Brown wields axe
View Single Post
Old 22nd Feb 2008, 07:16
  #145 (permalink)  
mutleyfour
 
Join Date: Jan 2002
Location: Europe
Posts: 580
Likes: 0
Received 0 Likes on 0 Posts
Maybe, just maybe this is what is required to rein in the suppliers to the MOD. Yesterday BAE announced profits of 1.48 billion and yet do not seem able to deliver anything much on time or within budget.

Statement from link:

In programmes and support, which comprises the company's UK-based air, naval and underwater systems, profits rose to £456 million from £342 million

http://www.channel4.com/news/article...+148bn/1617547

Last edited by mutleyfour; 22nd Feb 2008 at 07:22. Reason: Forgot the link
mutleyfour is offline