The Telegraph has also learnt that the “black hole” in MoD finances, caused by orders which have been made but cannot be paid for, is approaching £72 billion over the next decade – double the amount previously suggested.
Unfortunately regardless of where we want to be the little matter of cashflow is the ruling factor. Those private companies that are contracted to fulfil those orders would need payment, otherwise they can't pay their suppliers and so and so forth.
When the UK had an empire, then we could maintain it. Now we do not have an empire and we have to learn to live within our means.