NAO says £190bn Defence Equipment Plan 2020-30 is unaffordable
NAO says £190bn Defence Equipment Plan 2020-30 is unaffordable 21 January 2021: The National Audit Office (NAO) says additional funding provided in the November 2020 Spending Review will still not be enough to plug shortfalls in the 10-year Defence Equipment Plan. The NAO has issued a report on the £190bn Defence Equipment Plan for the 10 years from 2020 to 2030. For the fourth consecutive year, the NAO reports that the plan by the Ministry of Defence (MoD or the Department) to procure and support defence equipment is unaffordable. The Equipment Plan is a rolling...