Chapter 1 - Finance
           
Table 1.17 Major Equipment Projects
This table shows the MOD's major equipment projects as at 31 March 2007. It details the 20 largest projects on which the main investment decision has been taken (post Main-Gate) and the 10 largest projects yet to reach that point (pre Main-Gate). The information is taken from the Major Projects Report, relating to 31 March 2007, which provides a summary of each project's current status and progress to date. The Major Projects Report was changed in MPR2007 to remove forecast In Service Dates to reflect the Department's policy on public release of Assessment Phase project information.

Costs are on a resource basis at outturn prices. Forecast costs include accruals, VAT (less recoverable elements), resource elements such as interest on capital and inflation factors. Pre 1999 figures have been uplifted to 99/00 prices. Major Project Report costs relating to the pre-Main Gate projects are costs of the Assessment phase only. For post Main-Gate projects, costs are of the Demonstration and Manufacture phases.

The following diagram shows the CADMID cycle which is the basis for MOD Smart Procurement. The main investment decision is taken at Main-Gate, ie post assessment phase with the aim of ensuring that there is a high level of confidence in achieving time, cost and performance targets. Further information is contained in the Major Projects report.
 
 
As at 31 March 2007 MPR2007
Post Main Gate Major Equipment Projects
(Projects in Demonstration and Manufacture Phase only)
 In-Service date
Forecast or Actual		 Financial Years of
Peak Expenditure1		 Forecast Cost
(£ million)		 Change in Cost (£Million) from MPR2006
A400M
 2011 2009 & 2010 2 629 13  
Astute Class Submarine
 2008 2001 & 2005 3 798 142  
Beyond Visual Range Air-To-Air Missile (BVRAAM)
 2013 2009 & 2012 1 168 -36  
Bowman
 2004 2004 & 2005 2 009 -10 2
Brimstone
 2005 1999 & 2005 899 -1  
C Vehicle Capability3
 2006 2019 & 2020 703 -  
Falcon4
 2010 2008 & 2011 292 -  
Guided Multiple Launch Rocket System
 2007 2006 & 2010 91 -172  
Joint Combat Aircraft (JCA)5
 .. 2005 & 2007 1 858 -58  
Merlin Mk 1 Capability Sustainment Programme4
 2014 2009 & 2010 832 -  
Next Generation Anti-Armour Weapon (NLAW)
 2008 2007 & 2008 318 4  
Nimrod Maritime Reconnaissance and Attack Mk4
 2010 2002 & 2004 3 500 -16  
Precision Guided Bomb (PGB)
 2007 2006 & 2007 277 -67 2
Soothsayer4
 2008 2007 & 2010 195 -  
Sting Ray Lightweight Torpedo Life Extension and Capability Upgrade
 2006 2007 & 2008 577 -12 2
Support Vehicle
2008 2009 & 2010 1 263 -75  
Terrier
 2009 2008 & 2009 299 3  
Type 45 Destroyer
 2010 2003 & 2004 6 464 354  
Typhoon6
 2003 2006 & 2008 * *  
Watchkeeper4
 2010 2009 & 2010 901 -  
Source: Defence Equipment & Support
As at 31 March 2007
 MPR 2007
Pre Main Gate Major Equipment Projects
(Projects in Assessment Phase only)
 Forecast Cost
(£ million)
Future Aircraft Carrier (CVF)
 299
Future Integrated Soldier Technology (FIST)
 36
Future Rapid Effects System
 618
Future Strategic Tanker Aircraft (FSTA)
 37
Indirect Fire Precision Attack (IFPA)
 67
Maritime, Airborne, Surveillance, and Control (MASC)
 7
Military Afloat Reach & Sustainability (MARS)5
 *
Search and rescue - Helicopter (SAR-H)
 12
UKCEC Frigate and Destroyer Programme
 55
UK Military Flying Training System (UKMFTS) - Holistic
 30
Source: Defence Equipment & Support
1. Financial Year commencing 1 April - not necessarily concurrent years.
2. Forecast figures in MPR 2006 were revised after the publication of UKDS 07. When comparing published UKDS 07 forecast and latest MPR 2007 forecasts     the differences will not align (See Pages 30, 106 and 118 of the Major Projects Report for further details).
3. PFI Service with annual service payment.
4. Cost comparison not possible as project did not appear in previous MPR.
5. The tailored Demonstration Main Gate noted but did not approve In Service Date (ISD).
6. Cost data excluded on grounds of commercial sensitivity.