2.2  Project Expenditure History

Date

Description

Base Date $m

Current $m

Contractor

Notes

2.2  Project Expenditure History

 

 

 

 

 

Prior to Jul 10

 

 

10.1

 

AAI Corporation

 

 

 

 

20.3

 

Lockheed Martin BAE Systems  US Government Other

 

 

 

 

9.6

 

 

 

 

 

210.0

 

3

 

 

 

22.7

 

 

 

 

 

 

272.7

 

 

FY to Jun 11

 

 

1.4

 

AAI Corporation

 

 

 

 

1.7

 

Lockheed Martin BAE Systems  US Government Other

 

 

 

 

0.0

 

4

 

 

 

14.9

 

 

 

 

 

4.0

 

 

 

 

 

 

22.0

 

 

Jun 11

Total Expenditure

 

 

294.7

 

 

 

 

 

 

 

 

 

Jun 11

Remaining Budget

 

 

317.3

 

 

 

 

 

 

 

 

 

Notes

1

Skilling Australia's Defence Industry harvest.

2

Up until July 2010, indexation was applied to project budgets on a periodic basis. The cumulative impact of this approach was $118.7m. In addition to this amount, the impact on the project budget as a result of out-turning was a further $9.2m having been applied to the remaining life of the project.

3

Other expenditure prior to Jul 10 comprises operating expenditure, contractors, consultants, other capital expenditure not attributable to the aforementioned top four contracts and minor contract expenditure.

4

Other expenditure FY to Jun 11 comprises Australian Distributed Architecture Combat System (ADACS) (combat system software development) $2.7m, external service providers $0.7m, ship installation $0.2m, and other administrative costs (travel, freight, maintenance) $0.4m.