Taking Stock 

Once more unto the breach

Mark Robinson

Once more unto the breach

Investors in the UK aerospace/defence complex will be looking at the latest wrangle over Ministry of Defence (MoD) procurement with a measure of exasperation – though it’s really par for the course. All government departments jockey for position ahead of spending rounds, but apart from the National Health Service (NHS) – which now seems immune from fiscal oversight – there are no other Whitehall ministries that command so many column inches. But given the demands regularly placed on the British military, it’s little wonder that defence secretary Gavin Williamson is fighting his corner – political ambition notwithstanding.

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