"No excuse" for Raytheon damages payout

August 18, 2014 12:00 PM

Responding to news that the Home Office will have to pay some £220m to Raytheon after the termination of the eBorders contract, Jonathan Isaby, Chief Executive, said:

"Taxpayers will be furious that the cost of yet another large Government project has spiralled out of control. Ending contracts early is sometimes the best course of action but that's no excuse for doing it in such a way that it results in costly damages.

"The poor performance of the scheme shows how poorly negotiated the scheme was in the first place and how badly Raytheon's performance was monitored. The dire state of the public finances means that it's more important than ever to ensure value for money is achieved on large projects."


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