Not having seen the PM on the box, I can only go by the very disturbing article in the Sunday Times which hints at what the NSC were debating. If true, we are about to become the only major European navy that includes an amphibious capability, without a naval air arm (or indeed carrier capable aircraft), except the Dutch.
How is it that the French, Spanish and Italians can learn lessons and in some cases create a specific naval air arm, whereas the UK cannot? I assume ASW is also about to get binned as a capability on that basis......
If the PM is also saying AD fighters have had their day, he's clearly not understood the lessons of 9-11. Truly, the treasury goons (informed by the likes of Dannatt and that braniac Soames) are writing this review.