(6 Sqn RAF Typhoon* from RAF Leuchars: low, fast, agile. MoD budget: low.)
Against a backdrop of the Royal Navy's redundancies last week, there's been some interesting work coming out of the Royal United Services Institute (RUSI, MoD's favourite thinktank) this week from the estimable Malcolm Chalmers on defence spending. Prof. Chalmers' paper is here, and I'll comment on it in detail over the next few days.
The real questions remain around whether the budget is under control, and whether the reduced capability of the UK forces has been matched with a reduced level of political intent to use military force. (Oops. More complex, that.)
*Copyright: Andy Sheppard