Despite procurement reforms introduced nearly two years ago, cost overruns on 25 major U.K. defense projects
Despite procurement reforms introduced nearly two years ago, cost overruns on 25 major U.K. defense projects since their inception declined only slightly--from 2.9 billion pounds to 2.7 billion pounds ($4.38 billion to $4.08 billion)--through the year ended last March, according to a National Audit...
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