Originally the current government planned on selling off the Defence Equipment and Support (DE&S) organisation to the private sector, which I'm sure was absolutely because they felt this was the best way to proceed, and had absolutely nothing to do with ideological opinions or generating profit for party donors and old chums. But when it became apparent that only one consortium would bid for the contract the government was forced into the latest of many U-turns.
Now ever since the first announcement that privatisation was being considered I - being the cynic that I am - have been convinced that the government had already made up its mind that privatisation would go ahead. It was essentially just buying time to work out the details and giving the private sector time to calculate its profit margins. I was told originally by one friend that I was just being morbid and defeatist, and that in fact a proper and fair investigation would take place.