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Old 28th Dec 2016, 14:07
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The Old Fat One
 
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TBH LJ, I was more "zoomed out" than that (not implying there is anything wrong with what you posted at all).

Cliffs:


The defence procurement in question was agreed by a leadership team (Cameron/Osborne) no longer at the helm.

It was part of a Government Spending Plan that has now been very publicly binned.

It was (in the eyes of many authoritative commentators) un-deliverable anyway.

It has been replaced by...who the **** knows?

The UK economy (and its ability to create wealth/spending power) is clouded in uncertainty.

All the US procurement related costs (eg P8) might* have just increased by 10-15%

[*might, because I'm not privvy to contractual small print on currency fluctuations]

Trump is throwing a cloud of uncertainty over a cloud of uncertainty (so a sort of uncertainty squared, if you will).

This is defense procurement people...where the words "on time and on budget" rarely co-exist.

Happy **** ing New Year.
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