A £1bn cost over-run is threatening the future of the publicly-funded project to build Britain's biggest aircraft carriers, the BBC has learnt.A memorandum from the lead contractors seen by the BBC suggests there will "be a fight for the programme's survival". The memo also discusses ways to cut costs, including the possibility of 400 to 500 redundancies. The Ministry of Defence said it was currently re-costing the programme and accounts would be published in July.
A £1bn cost over-run is threatening the future of the publicly-funded project to build Britain's biggest aircraft carriers, the BBC has learnt.
A memorandum from the lead contractors seen by the BBC suggests there will "be a fight for the programme's survival".
The memo also discusses ways to cut costs, including the possibility of 400 to 500 redundancies.
The Ministry of Defence said it was currently re-costing the programme and accounts would be published in July.
