A British Challanger 2 tank Photo: AP Photo/Dan Chung
MoD Spent £1 Billion On Tank Programme Which Produced No Vehicles -- The Telegraph
More than £1billion was spent by officials at the Ministry of Defence on a tank and personnel carrier programme that failed to deliver a single vehicle, MPs say today.
MPs on the Public Accounts Committee blamed the Treasury for raiding the MoD’s budget for the vehicles, effectively hobbling the programme.
They castigated the MoD for the “extraordinary failure” which meant that the department had “nothing to show” for its £1billion of spending.
Since 1998 the MoD has attempted to acquire tanks, reconnaissance vehicles and personnel-carriers through a number of different procurement projects.
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More News On Britain's Ministry of Defense Armor Procurement Disaster
MPs say MoD's army vehicle spending was 'failure' -- BBC
MoD 'stripped billions from core budget but failed to deliver right equipment' -- The Guardian
Defence ministers accused of wasting millions -- Financial Times
£1.1bn MoD vehicle spend criticised -- Press Association
Britain's Ministry Of Defence Spent $1.6 Billion On Absolutely Nothing -- Business Insider
MoD spends £1.1billion on armoured vehicles plan - but fails to buy a single one -- Mirror.co.uk
After 13 years and £1.1 billion, MoD fails to deliver armoured vehicles -- Supply Management
Ministry Of Defence Wasted £1.1bn On Undelivered Armoured Vehicles -- Huffington Post
My Comment: With such a development/procurement disaster, it is then not a surprise to read this .... U.K. budget cutters have slashed $15B from armor programs.