The table below outlines the Defence Capital Expenditure Projects in excess of €20 million that have been completed since 1 January 2016.
Name of Project
|
Commenced
|
Completed
|
Actual Cost (VAT incl.)
|
Naval Service Vessel Replacement Programme & Armament Project
|
2010
|
2019
|
€288 million
|
Air Corps Fixed Wing Utility Aircraft Project*
|
2017
|
2020
|
€43 million
|
*Final payments due at end-2020.
Capital expenditure costs for the Army, Air Corps and Naval Service are not identified geographically, but are included in the overall programme costs in the appropriate subheads of the Vote. Under the National Development Plan, as part of Project Ireland 2040, the Defence Vote was allocated €541 million in capital funding for the period from 2018 to 2022.
This level of capital funding allows the Defence Forces to undertake a programme of sustained equipment replacement and infrastructure development as outlined in the White Paper on Defence.