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Wednesday, October 06, 2010

Building an economy aircraft carrier could save £1bn, Cameron to be told

Queen Elisabeth classDavid Cameron will be told on Thursday that it will be cheaper to turn Britain's second planned aircraft carrier into a "floating platform" without any planes, rather than scrap the project altogether.

The Ministry of Defence and the Royal Navy have conceded that the £5bn carrier programme will not survive unscathed because of deep cuts in public spending.

But they will warn a meeting of Britain's top defence and security officials chaired by the prime minister that it would cost £1.5bn to scrap the second carrier in cancellation fees to companies already contracted to build it.

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1 comment:

  1. Joseph6/10/10 12:17

    Britain may just cut cost by having strategic partnership - like having a cost sharing partnership with other like-mind countries like China, which is sitting with a US$ 2.4 trillion of reserves

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