Retiring Harrier GR9 didn't save, it was a 1.29 billion loss

ImageForum for news and discussions on miltary aviation matters.

Forum rules
Image
Post Reply
User avatar
Stratofreighter
Scramble Master
Scramble Master
Posts: 22194
Joined: 25 Jan 2006, 08:02
Location: Netherlands

Retiring Harrier GR9 didn't save, it was a 1.29 billion loss

Post by Stratofreighter »

31dec2014

Warships, jets and tanks worth £2.5 billion scrapped in Whitehall cost-cutting drive

Value of some pieces of military hardware was greater than savings made in scrapping, records show

Ministers have been accused of “scandalous waste” after the cost to the taxpayer of scrapping some pieces of military equipment ran to more than double the intended saving.

On some programmes, the value of the lost equipment was far greater than the savings made in day-to-day running costs incurred by abandoning it.

Selling the entire fleet of Britain’s 74 Harrier jump jets in 2011, seven years earlier than planned, was intended to save £2.8 billion.

Ending the Harrier programme is recorded as a in the MoD accounts as a loss of £1.29 billion.

The fleet was bought by the United States Navy, which still uses the planes, for around £100 million.

US defence chiefs suggested they had secured a bargain given the good condition of the jets, saying the purchase was “like buying a car with maybe 15,000 miles on it.”
..the list goes on at
http://www.telegraph.co.uk/news/uknews/ ... drive.html
November 2024 update at FokkerNews.nl....
User avatar
Le Addeur noir
Scramble Master
Scramble Master
Posts: 65023
Joined: 19 Jan 2007, 16:22
Subscriber Scramble: Nee
Location: Asie

Re: Retiring Harrier GR9 didn't save, it was a 1.29 billion

Post by Le Addeur noir »

Stratofreighter wrote:
31dec2014

Warships, jets and tanks worth £2.5 billion scrapped in Whitehall cost-cutting drive

Value of some pieces of military hardware was greater than savings made in scrapping, records show

Ministers have been accused of “scandalous waste” after the cost to the taxpayer of scrapping some pieces of military equipment ran to more than double the intended saving.

On some programmes, the value of the lost equipment was far greater than the savings made in day-to-day running costs incurred by abandoning it.

Selling the entire fleet of Britain’s 74 Harrier jump jets in 2011, seven years earlier than planned, was intended to save £2.8 billion.

Ending the Harrier programme is recorded as a in the MoD accounts as a loss of £1.29 billion.

The fleet was bought by the United States Navy, which still uses the planes, for around £100 million.

US defence chiefs suggested they had secured a bargain given the good condition of the jets, saying the purchase was “like buying a car with maybe 15,000 miles on it.”
..the list goes on at
http://www.telegraph.co.uk/news/uknews/ ... drive.html
Anyone with at slightest idea of the gross incompetence (and corruption?) of successive British governments and the Ministry of Defence will not be surprised in the slightest by this announcement.
Drink treble
See double
Act single

and the Emir called up his jet fighters
User avatar
pjotrtje
Scramble Master
Scramble Master
Posts: 3377
Joined: 30 Jan 2004, 10:12
Subscriber Scramble: Pi

Re: Retiring Harrier GR9 didn't save, it was a 1.29 billion

Post by pjotrtje »

Well, the value in the books was 1.29bn (so selling them at the price Uncle Sam got them means a serious depreciation), that doesn't mean that the operating cost savings cannot be 2.8bn. These are two very different figures...
== All is well, as long as we keep spinning ==
Post Reply

Return to “Military Aviation News”