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Old 26th Oct 2008, 01:24
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TiffyFGR4
 
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Only ‘cretins’ jeer forces, says John Hutton - Times Online

Hutton is surprisingly frank about the shortage of money, making it clear he plans to axe one or more big procurement projects.

He won’t be drawn on detail, but insiders believe his comments spell the end of the £9 billion joint strike fighter (JSF) jump-jet project. Plans for 25 transport aircraft for the RAF are also likely to be at risk. Some other big projects, however, such as the Eurofighter and the Astute submarine, are just too costly – both politically and financially – to abandon at this stage.

“There’s precious little point in cancelling a contract if it ends up costing more as a result. I’d rather have the kit than the liability,” Hutton says.
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