The message is now crystal clear to any defense contractor...........next time come up with the goods that work & on time or UK PLC won't pay.
The MRA4 project was already payed for so scrapping it has done nothing to BAE's balance sheet.....if anything closing Woodford 18 months early will only add to the balance sheet when its sold off to private developers.
Hangering Nimrod for a couple of years will be far cheaper than replacing it with a P8 or whatever else the MOD will be looking at when times are better.....if the RAF is still around when better times arrive.
Maybe Cameron has already brokered a deal with the French to take over the role the RAF plays......I wouldn't put it past these muppets.
They came to power only to find that the UK was broke, skint, pot less or whatever term you want to use because it all comes to trhe same thing, we just don't have the money!
But we have the money to give away in foreign aid (4.5billion) to the likes of India who clearly with a space and defence budget of 50 billion doesn't need our cash but we still insist on giving it to them
