MoD Nuclear Deterrent Up date to Parliament 20/12/18

DefenceSynergia has noted that MOD officials, possibly not the NAO, are confident that the Dreadnought (Successor) Programme is on budget. Reading the MOD report one cannot but be mesmerised by some of the slick wording…In Summer 2017, the Department completed a baseline review of the submarine portfolio that confirmed the programme remains within its estimated cost. Following this Review, MOD was given access to up to £600 million in Financial Year 2018/19 from the contingency to enable opportunities to be taken to drive out cost and risk later in the programme and protect our nuclear deterrent.” One wonders which contingency this paragraph might be referring to? The project that was re-costed in 2015 as £31bn plus £10bn contingency – read the full 7 page MOD annual report to parliament here:  http://www.defencesynergia.co.uk/wp-content/uploads/2019/01/MOD-Nuclear-Deterrent-Update-to-Parliament-20-Dec-2018-.pdf