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Defence Equipment: Procurement

Ministry of Defence written question – answered on 6th December 2018.

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Photo of Stuart Andrew Stuart Andrew Assistant Whip, The Parliamentary Under-Secretary of State for Defence

The Equipment Plan financial summary 2017-2027 set out the Department's plans for spending on equipment procurement and support in the 10-years from 2017-18 as at April 2017. The Department successfully delivered the first year of this plan within budget, as presented in the Department's annual report and accounts 2017-18. We reported our latest estimate of the affordability of the Equipment Plan in the Defence Equipment Plan financial summary 2018, published on 5 November 2018. Our central estimate of the forecast cost variance to budget was £7.0 billion over the 10 years from 2018-19, on base cost of £193.3 billion, which includes the remaining nine years of the Equipment Plan 2017-2027 period.

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