Rising Costs: Augustine Revisited
Abstract
Rising military equipment costs were famously identified by Norman Augustine with forecasts of a single aircraft air force by 2054. This paper presents and analyses an original data set for UK military aircraft. It provides evidence on cost escalation for various UK aircraft types comprising fighter/strike, bombers, military transports, maritime patrol aircraft, helicopters, trainers and civil aircraft. Continued cost escalation is identified for almost all types but with different cost escalation factors. It is concluded that the specific Augustine hypothesis of costs rising by a factor of four every 10 years might be an under-estimate.
KEYWORDS:
propeller and jet-powered aircraft
Description
Indexed in scopushttps://www.scopus.com/authid/detail.uri?authorId=7005034876 |
Article metrics10.31763/DSJ.v5i1.1674 Abstract views : | PDF views : |
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Conflict of interest
“Authors state no conflict of interest”
Funding Information
This research received no external funding or grants
Peer review:
Peer review under responsibility of Defence Science Journal
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Not applicable.
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Acknowledgements:
None.