Navy: Expenditure
(asked on 17th October 2016) - View Source
Question to the Ministry of Defence:
To ask Her Majesty’s Government, further to the answer by Earl Howe on 13 September (HL Deb, col 1390), what the long-term strategy of the Royal Navy's expenditure plans is.
This question was answered on 26th October 2016
The Royal Navy has a long-term strategy for its expenditure which is managed through the Annual Budget Cycle, a process that focuses on delivering a balanced, affordable Defence Plan over a ten year time period. This is aligned with Defence policy and the direction provided by Strategic Defence and Security Reviews, which occur every five years.