PPRuNe Forums - View Single Post - MoD ‘missing’ £6.6bn of hardware
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Old 20th Aug 2009, 11:51
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bspatz
 
Join Date: Nov 2007
Location: Wiltshire
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This is another case of the govt issuing figures that are meaningless in isolation. Whilst £6.6billion is a huge figure it is probably small in percentage terms when you consider the size of the overall inventory. By my estimation the total asset value for the MOD is probably in excess of £350billion. We are therefore talking about a discrepancy of some 2% which frankly is remarkably small for an inventory that is scattered widely across the globe never mind that it has been subject to the inevitable loss of control that occurs during operations such as Iraq and Afghanistan. Suggest that all concerned are congratulated for keeping the losses so small given that the real aim is to defeat the enemy.
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