Top-level British defense ministry officials met earlier this month to draw up a hit list of procurement programs valued at some 1 billion pounds ($1.58 billion) that could face the ax. The defense ministry's Policy and Plans Steering Group (PPSG)--made up of senior armed forces officers and civil servants--met the second week in January to discuss cuts as part of the ongoing planning round. A target list of 11 procurement programs due to be run over the next decade were identified ...

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