UK Defense Ministry Budget Shortfall Could Be £30 Billion

Credit: P-8: Boeing
LONDON—Independent auditors have suggested the UK defense ministry could be facing a funding shortfall of around £30 billion ($38.5 billion) over the next decade. The shortfall emerges as Britain is preparing to spend billions on new equipment as part of an uptick in capability announced in the 2015...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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