MoD hands Royal Navy project to BAE
Thread Starter
Join Date: Jun 2005
Location: UK
Posts: 769
Likes: 0
Received 0 Likes
on
0 Posts
MoD hands Royal Navy project to BAE
MoD hands over Royal Navy project to BAE to bypass £700m tax
The Times - 31 Mar 08
The Times - 31 Mar 08
The Ministry of Defence will reluctantly hand control of a project to build two new aircraft carriers for the Royal Navy to BAE Systems in an attempt to avoid a £700 million tax bill.
The £3.8 billion carriers will be built by an alliance of companies including BAE, VT, Babcock and Thales UK, but only one must be named prime contractor. In a twist of tax law, VAT is applied to ships built by multiple companies but not to those built by only one.
The Government had hoped not to give BAE, Europe’s largest defence company, prime status on the project because it fears a return to the days of cost overruns and delays in big defence projects.
The £3.8 billion carriers will be built by an alliance of companies including BAE, VT, Babcock and Thales UK, but only one must be named prime contractor. In a twist of tax law, VAT is applied to ships built by multiple companies but not to those built by only one.
The Government had hoped not to give BAE, Europe’s largest defence company, prime status on the project because it fears a return to the days of cost overruns and delays in big defence projects.
Join Date: Sep 2002
Location: La Belle Province
Posts: 2,179
Likes: 0
Received 0 Likes
on
0 Posts
Why didn't they go the Panavia/Eurofighter role and set up a "consortium" company to be, in effect, the prime? With the various partners holding their various shares of the prime?
Join Date: Jun 2007
Location: Colditz young offenders centre
Posts: 220
Likes: 0
Received 0 Likes
on
0 Posts
A senior political figure told The Times: “We are worried that the MoD cannot control BAE and it is taxpayers who end up paying the price.”
Join Date: Sep 2006
Location: Somewhere flat
Age: 68
Posts: 5,565
Likes: 0
Received 45 Likes
on
30 Posts
Surely, the money for project comes from the Treasury and the Tax goes back to the Treasury. All the Government had to do was to hand the Tax back to the MOD. They have missed out on an anouncement of new additional funding! Spin ain't what it used to be.
Was not the Thales the company that won the contact in the first place , but the MP's did not like this because they thought/told that a French Company had won it .when infact it was U.K company part own by the French. The same company that lost the Bowman contact in 2003 because of the same MP's.
Join Date: Apr 2005
Location: Europe
Posts: 414
Likes: 0
Received 0 Likes
on
0 Posts
So it's BAe and Thales, who get their naval expertise from DCN who built the Charles De Gaulle . On top of that we have entered into a joint design phase with the French, when will we learn, erm I mean identify from our mistakes
I know the US made huge improvements in carrier sorties rates in the 90's to provide better bang for buck. A quick Google gives CVF a 110 Dave sorties a day with 40 aircraft (includes Merlins) while CVN 21 (Future US CVN) estimates 160 with 90 aircraft (includes E-2, Seahawk, etc.) Any Nautical Bods have any better figures, are these claims true?
I know the US made huge improvements in carrier sorties rates in the 90's to provide better bang for buck. A quick Google gives CVF a 110 Dave sorties a day with 40 aircraft (includes Merlins) while CVN 21 (Future US CVN) estimates 160 with 90 aircraft (includes E-2, Seahawk, etc.) Any Nautical Bods have any better figures, are these claims true?
Think you'll find that CVF + Dave =110 is absolute max, whereas CVN21+90 = 160 is sustained. They have certainly got over 200 sorties/day from a Nimitz deck in the last few years...
Join Date: Apr 2005
Location: Europe
Posts: 414
Likes: 0
Received 0 Likes
on
0 Posts
Why buy JSF when it looks like the classified Naval Typhoon trial was successful
http://www.defensetech.org/archives/Ent%20deck%201.jpg
http://www.defensetech.org/archives/Ent%20deck%201.jpg