Originally Posted by Wrathmonk
So what has caused the rest of the predicted overbudget?
The Government's dilly-dallying and decision to defer the in-service dates of the replacement carriers (as part of a decision to re-profile several programmes as a result of the MoD’s 2008 Equipment Examination) cost at least a billion. You can't expect a contractor to put a relatively large, highly-skilled, highly-paid workforce on hold without penalty.
Re-profiling (rolling-over) annual spends might save money in the short term but inevitably has long-term consequences.