MoD Pays Billions To Store Unused Military Equipment
June 29 2012
The British Ministry of Defense has a growing and expensive inventory of unused spare parts and excess materiel, including equipment for platforms no longer in service, reports London's Daily Telegraph.
The ministry has ordered 4.2 billion pounds (US$6.6 billion) worth of gear, ranging from bayonet scabbards to aircraft engines, for which there has been no demand for two years, according to a report by the National Audit Office.
The auditor says the military has been storing...
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