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Ministry of Defence
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MOD publishes equipment plan and welcomes NAO report
The MOD has published its third annual update to the defence equipment plan.
An independent audit found the cost of the department’s 11 biggest equipment programmes fell by £397 million in the past year.
The defence equipment plan is an annual update to Parliament on theMOD’s spending plans over the next decade.
The update sets out plans to spend around £163 billion on new equipment and support over the next 10 years.
The document sets out plans to spend around £40 billion on submarines, around £15.4 billion on land equipment such as tanks and armoured vehicles, and around £11.1 billion on helicopter capabilities.
Also yesterday, the National Audit Office (NAO) has published its third assessment of the affordability of the equipment plan, which this year has been merged into one document with the MOD’s Major Projects Report.
Across the sample of projects that are reviewed by the Major Projects Report, this year represents the MOD’s best cost performance since 2005 and the best time performance since at least 2001.
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