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Tuesday, March 13, 2012

Cost of refitting Royal Navy aircraft carrier trebles

[HMS Prince of Wales]Estimates for adapting HMS Prince of Wales so that it can be used by the Joint Strike Fighter are understood have risen from £500 million to £1.8 billion.

Millions have already been spent on studies to look at how to convert the ship after ministers decided to scrap the jump-jet variant of the plane in favour of a conventional take-off and landing model.

But so great is the rise in total costs, ministers are considering abandoning the plan and reverting to the Ministry of Defence’s original proposals.

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