Originally Posted by
Widger
The MoD is skint. It has to save money. PR12 will be more about savings than spending/profiling
The problem this year is that there is no money, well, no no money but a yawning chasm of a black hole.
All this chat about F35B or C is irrelevant and is missing the main point, that the UK CANNOT AFFORD any variant.
That PR12 black hole in full:
MoD budget 'now back in balance' - Defence Management
Defence Secretary Philip Hammond is set to announce that the Ministry of Defence's £38bn financial 'black hole' has been "dealt with" and that the defence budget is now balanced for the first time in four decades, according to a report in The Daily Telegraph.
The story also suggests that around £2.1bn of unallocated funding has been found in the ministry's current financial planning round.