Faced with continuing worldwide defense commitments, rising costs for military equipment and personnel, and tight budgetary constraints, British defense planners in the mid-1960's anxiously sought the best means of meeting standing obligations overseas and insuring security at home at a price the average taxpayer would find acceptable.
Johnson, William S.
"Defense Budgetary Constraints and the Fate of the Carrier in the Royal Navy,"
Naval War College Review: Vol. 26
, Article 16.
Available at: http://digital-commons.usnwc.edu/nwc-review/vol26/iss3/16