C.3.2.  Progress of the Defence Change Portfolio

DCP has been supported by investment from the Defence Modernisation Fund, a ring-fenced sum worth c.£1bn over the three years of the 2004 Spending Review period. According to the MoD Annual Report 2007-08, eleven of the change programmes (as indicated in Figure C-3) have delivered £1,624m - £1,714m over the 2004 Spending Review period161.




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161  Ministry of Defence Annual Report and Accounts 2007-08 (Jul 2008)