Treasury threatens to slash defence budget by £35 Billion!

The annual defence budget is, but the Equipment Programme (EP) is the toal sum required to invest in the various programmes which are ongoing at the moment; CVF which is going to Main Gate in about 2 months, T45, etc.

The EP runs out for the next 10 years, whilst the Short Term Plan runs for 3 years, the EP should budget for the STP requirements of the projects although from experience it rarely does.

Of course all this is in the process of changing as we tinker with the acquisition process again.....
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