Ambitious plans by the UK Ministry of Defence (MoD) to save more than GBP3 billion (USD4.8 billion) over the next decade by cancelling equipment procurement projects are under threat from termination charges.
Perhaps people in the MOD have been watching too much Top Gear and copied their mantra - 'ambitious but rubbish'.
Too often 'defence cuts' save little or no money whilst eroding capabilities. The aircraft carriers were deemed too costly to cancel because of contract termination charges, did they not even consider the same might be true of the MRA4 & Harrier?
I don't think Baldrick works at the MOD, he must be running it....