PART FOUR
It
is too early to be able to assess authoritatively if some of the objectives have been met
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The business appears to be performing satisfactorily in the private sector
The mechanisms for protecting defence interests appear to be working as intended
Significant proceeds were achieved
Greater proceeds might have been achievable from sale to a strategic partner
It is too early to judge whether most of the other objectives have been met
The Department chose to rely on Carlyle's expertise in developing the management incentive scheme
The Department must actively manage ongoing risks to ensure it achieves value for money