HMS Prince of WalesCost Of Refitting Royal Navy Aircraft Carrier Trebles -- The Telegraph
The costs of refitting a Royal Navy aircraft carrier so it can be used by a new generation of fighter jets have more than trebled, defence sources have told The Daily Telegraph.
Estimates for adapting HMS Prince of Wales so that it can be used by the Joint Strike Fighter are understood have risen from £500 million to £1.8 billion.
Millions have already been spent on studies to look at how to convert the ship after ministers decided to scrap the jump-jet variant of the plane in favour of a conventional take-off and landing model. But so great is the rise in total costs, ministers are considering abandoning the plan and reverting to the Ministry of Defence’s original proposals.
Philip Hammond, the Defence Secretary, believes there is not enough money in the budget to afford the £300 million a year to carry out the work over six years.
Read more ....
Update: Carrier conversion 'could cost £1.8bn' -- Defence Management
My Comment: People are paid good money in the MoD to make sure that such screw-ups do not happen. Apparently .... they are not up to the job. £1.8 billion ..... sheesshhh .... forget about people being be fired for this, the whole department should be canned.