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<p>As reported in successive Major Projects Reports, the original approved cost of
the Queen Elizabeth Class (QEC) Aircraft Carrier programme was £3.9 billion, including
the capitalised costs of the Assessment and Demonstration Phases. The approvals and
cost management have been based on the QEC Class for a two-ship programme, and it
is therefore not practicable to apportion costs to the individual Aircraft Carriers.</p><p>The
current approved cost of the QEC Aircraft Carrier programme is £6.2 billion, as announced
by my right hon. Friend the then Secretary of State for Defence the Member for Runnymede
and Weybridge (Mr Hammond) on 6 November 2013 (Official Report, column 251-254). Whilst
there are cost pressures, and final costs cannot be agreed until the programme finishes
around 2019. The MOD continues to work closely with the Aircraft Carrier Alliance
to drive the programme to remain within the current approved cost.</p><p> </p>
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