Estimate | Actual $m | Variance | Variance Factor | Explanation |
|
| (4.0) | Not all Spares and Support and Test equipment was delivered as planned resulting in an underspend of $20.1m. There was a reduction in the need for United States Air Force (USAF) support resulting in an underspend of $4m against the FMS case. The RAAF reduced it's requirement for tanker hire and ALS support resulting in a saving of $9.5m and there was a reduction in the costs claimed against Liquidated Damages due to continued delays with the program. | |
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(20.1) | Overseas Industry | |||
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| Local Industry | |||
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| |||
| Brought Forward | |||
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(9.5) | Cost Savings | |||
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| |||
|
| (10.4) | FOREX Variation | |
|
| (6.5) | Commonwealth | |
326.0 | 275.5 | (50.5) | Total Variance |
|