MoD inspection shows disadvantageous contracts

09-09-2010

The initial conclusions of an inspection of army purchases set up by the Minister of Defence indicate substandard contracts having been signed that are disadvantageous for the ministry. According to the economic daily E15 on Thursday, inspectors have for example been unable to discern the cost of several vehicles and the margin received by their manufacturers. The paper’s source says that the MoD intends to sign a deal next week with the Defence and Security Industry Association of the Czech Republic to prevent non-transparent and overpriced army commissions. A special national authority for military purchases is also to be established by January of 2012.