A multi-billion pound deal to build two new aircraft carriers for Britain's Royal Navy risks slipping further behind schedule amid continuing disagreements between the consortium building the craft and the Ministry of Defence over rising costs, the Daily Telegraph reported, citing sources close to the situation.
The Aircraft consortium, which includes BAE Systems PLC, VT Group PLC, Thales and MoD officials should have submitted final price details Thursday, but missed the deadline, the paper said.
The consortium says the carriers cannot be built for less than 3.8 bln stg, up from an initial estimate of 2.8-3.0 bln.
Recent guidance from the MoD has been that the cost would be about 3.5 bln.
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