Subscribe free to our newsletters via your
. 24/7 Space News .




MILPLEX
Britain's MoD under fire for 'wasting' billions
by Staff Writers
London (AFP) Feb 28, 2013


Lawmakers slammed Britain's Ministry of Defence on Thursday after it was revealed that between 2009 and 2011 it bought 1.5 billion pounds worth of equipment more than it used.

A report by a cross-party committee of MPs identified 3.4 billion pounds ($5.1 billion, 3.9 billion euros) worth of supplies which it said could be sold.

The report accused the department of "wasting significant amounts of public money" on accruing consumable supplies such as uniforms and ammunition which have not been used.

"It is particularly galling at a time when funding is tight and when one considers that the National Audit Office has been warning about these issues for over 20 years," said committee member Richard Bacon.

The report found that the department had concentrated only on meeting demand, and had no mechanism to avoid over-ordering.

The MoD is to introducing controls which it hopes will reduce spending on inventory by 500 million pounds a year by 2015.

.


Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








MILPLEX
EADS lifts profits, sales in 2012
Berlin (AFP) Feb 27, 2013
European aerospace giant EADS said Wednesday it achieved a strong rise in sales and earnings last year on the back of record sales at commercial aircraft maker Airbus and stable defence business. EADS said in a statement it booked net profit of 1.228 billion euros ($1.6 billion) last year, a rise of 19 percent over the year-earlier figure. Underlying or operating profit, as measured by e ... read more


MILPLEX
Water On The Moon: It's Been There All Along

Building a lunar base with 3D printing

US, Europe team up for moon fly-by

Russia to Launch Lunar Mission in 2015

MILPLEX
Lab Instruments Inside Curiosity Eat Mars Rock Powder

First-ever space tourist plans mission to Mars

Mars rover ingests rock powder for tests

Opportunity Is On A Rock Hunt

MILPLEX
Stanford scientist closes in on a mystery that impedes space exploration

U.S. research to be free online

NASA Creates Space Technology Mission Directorate

Educator Teams Fly On NASA Sofia Airborne Observatory

MILPLEX
Welcome Aboard Shenzhou 10

Reshuffle for Tiangong

China to launch 20 spacecrafts in 2013

Mr Xi in Space

MILPLEX
Record Number of Students Control ISS Camera

NASA briefly loses contact with space station

Temporary Comm Loss Interrupts Crew's Day

Low-Gravity Flights Will Aid ISS Fluids and Combustion Experiments

MILPLEX
'Faulty Ukrainian Parts' Blamed for Zenit Launch Failure

The light-lift member of Arianespace's launcher family is readied for its second mission

SpaceX 2 Launch Set for March 1

NASA Releases Glory Taurus XL Launch Failure Report Summary

MILPLEX
Scientists spot birth of giant planet

NASA's Kepler Mission Discovers Tiny Planet System

Kepler helps astronomers find tiny exo planet

Searching for a Pale Blue SPHERE in the Universe

MILPLEX
Ancient Egyptian pigment points to new security ink technology

Laser mastery narrows down sources of superconductivity

In probing mysteries of glass, researchers find a key to toughness

Glasses.com turns heads with 3-D iPad app




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement