It'll be interesting. Anyone who thinks the Forces can take up the slack is sadly misguided. The Forces were pared down to the bone years ago.
MOD always was a supertanker. I struggled to get any requirement through the system even though I knew we needed it and it was funded. And that was pre-politically correct Nu Labour. That meant longer time into service, higher cost and in-built obsolescence.
If I was King for the day, I'd sit everyone at their desk and see how long it was until their output was requested. If the call didn't come inside 3 months - redundancy! It might even persuade the heirarchy to move projects through on time.