NAO report voices concern over RN readiness

Article Abstract:

The U.K. National Audit Office (NAO) report has voiced its concerns over the impact of reduced funding allocations on the Royal Navy's (RN) future readiness levels. The Ministry of Defense's decision on reducing the peacetime readiness levels of some maritime forces to fund the British Army and Royal Air Force have forced the RN to take risk against the peacetime readiness levels of some maritime forces.

Financial management, Capital funds & cash flow, Finance, Accounting and auditing, United Kingdom. Royal Navy, Company financing, Preparedness

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Brunei and BAE systems acceptance dispute moves to court of arbitration

Article Abstract:

BAE Systems is facing a problem with the Brunei government refusing to accept three new offshore patrol vessels (OPV) on the ground that they do not meet contract specifications. BAE Systems insists that the vessels have demonstrated contracted performance successfully, thus the matter now being taken to court. The details of the case and its expected proceedings are discussed.

Legal issues & crime, Legal/Government Regulation, Brunei, Guided Missiles, Space Vehicles, Parts, Company legal issue, Cases, Aerospace industry, BAE SYSTEMS PLC, Defense contracts, Government contract, Defence contracts

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An agenda for change in UK shipbuilding

Article Abstract:

The Rear Adm. Ric Cheadle is the Controller of the Navy and Director Land and Marine in the United Kingdom Defense Procurement Agency. He believes that industry coalition is very essential for a long-term surface shipbuilding strategy to reduce the structural weaknesses.

Management dynamics, Management, Company business management, Strategic aspects, Shipbuilding, Cheadle, Ric

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