UK report slams MoD stock control

The UK Ministry of Defence (MoD) has lost military assets worth $AUD9.45 billion and does not know whether they still exist, according to a recent report.

The UK House of Commons’ Defence Select Committee’s The performance of the Ministry of Defence 2009–10 highlighted inventory control as a major concern.

The report said insufficient evidence was provided for inventory of military equipment, which included $852 million of assets such as firearms.

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