That the Royal Navy should be considering such a desperate step is the result of two problems.
One is lack of money, the main cause of the ‘mini’ review. The government has put some new funding into the defence portfolio, but one of the most serious early consequences of Brexit has been the depreciation of Sterling against the US dollar. Among other planned purchases, this has made the new F-35 strike fighter, central to both the aircraft carrier program and the modernisation of the Royal Air Force, very much more expensive at a time when acquisition of the new fighter is just getting into stride.
Even without this new stress, however, it has been clear for many years that the entire British defence portfolio is chronically under-resourced when compared with both operational commitments and planned acquisitions. A series of defence reviews and efficiency drives have failed to provide a solution. The Royal Navy is in a particularly bad position, with a shortfall in the region of $A1 billion annually.
Second, there is an urgent need to free up human resources for the Royal Navy’s two new aircraft carriers, the Queen Elizabeth and Prince of Wales, and its surface combatant force. (end of excerpt)
Click here for the full story, on Lowly Institute website.
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