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Written question asked by Lord Beamish (Labour) on Monday, 12 December 2022, in the House of Commons. It was due for an answer on Thursday, 15 December 2022 (named day). It was answered by Alex Chalk (Conservative) on Thursday, 15 December 2022 on behalf of the Ministry of Defence.


Defence Equipment: Procurement

Question

To ask the Secretary of State for Defence, for what reasons his Department did not consider the OBR's inflation projections from March 2022 when drafting The Defence Equipment Plan 2022-23.

Answer

The Defence Equipment Plan 2022-23 is a financial reporting document reflecting a picture in time aligned to the Annual Budgeting Cycle (ABC). This year's ABC closed at the end of March 2022 and therefore the affordability analysis of the Plan reflects the position up until that point. The Equipment Plan is a baseline from which the Department plans around challenges with inflation being one such example.


Secondary information

Type
Written question
Reference
108088
Session
2022-23
Subjects
Defence equipment Inflation Procurement
Link
View this Written question on www.parliament.uk