As reported by British Forces News ...
BFBS News : Aircraft Carrier Project "At Risk"
Britain's aircraft carrier programme faces further spiralling costs and the project remains a "high risk", MPs have warned.
Significant technical problems have not been resolved and there is potential for "uncontrolled growth" in the final bill, according to the Public Accounts Committee.
MPs warn they are "still not convinced" that the Ministry of Defence (MoD) has a grip on the project and suggested it has "little control" over the costs of acquiring the aircraft
They heap criticism on the MoD for providing "deeply flawed information" that led to plans to switch the type of aircraft to be flown from the carriers. The move was later abandoned at a cost to taxpayers of £74 million, the National Audit Office revealed earlier this year.