Great scoop by the BBC in obtaining slides of Bernard Gray's report on Defence Procurement.
That fact is it tells a tale that all serviceman can recite. The Defence Procurement Agency and Defence Logistics Agency as they once were, used to (and I believe still do) work on a policy of Just Enough, Just In Time. Of course how it actually worked was Never Enough, Never In Time. The organisation is a failure, always has been and unless it is privatised or rewrite procurement policy probably always will be.