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Wednesday, December 21, 2011

Defence delivery delays hit 63 years

Collins class submarineThe combined scheduled delivery delays of defence hardware have blown out to total 63 years, further exposing gaps in Australia's defence capability.

An Australian National Audit Office report, published yesterday, revealed that major defence equipment acquisition projects continued to run behind schedule and over budget.

The 2010-11 major projects report covers 28 of the largest defence projects in the country, worth a total of $46.1 billion.

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