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Thursday, March 03, 2011

Typhoon 'spiralling out of control'

Eurofighter TyphoonThe Ministry of Defence has been told to "get a grip" on its equipment programmes after the cost of each Typhoon aircraft was found to have risen by 75 per cent.

A report from the National Audit Office (NAO) said the cost of the Typhoon development and production had risen 20 per cent, now forecast to cost £20.2bn.

In addition unit costs were also inflated by 75 per cent due to a 30 per cent reduction in the number of aircraft being purchased.

Rising costs, which were said to exceed MoD predictions, have been predicted to result in £37bn being spent on the aircraft before they leave service.

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