Think about our present acquisition system - just as bad as the Brits.
Think about DDG-100, F-22, LCS ... heck even F-35. All our computers, all our money ... and yet ...
The answer is, in a word; no.
In 1931, the British Air Ministry sent out a demanding new specification for a fighter aircraft. It was a remarkable document for two reasons. The first was that throughout its existence the Royal Air Force had been dismissive of fighters. The conventional wisdom was that bombers could not be stopped. Instead, foreshadowing the nuclear doctrine of mutually assured destruction, the correct use of air power was widely presumed to be to build the largest possible fleet of bombers and strike any enemy with overwhelming force. The second reason was that the specification's demands seemed almost impossible to meet. Rather than rely on known technology, the bureaucrats wanted aviation engineers to abandon their orthodoxies and produce something completely new.You really need to read the whole thing to get the importance of it all.
The immediate response was disappointing: three designs were selected for prototyping, and none of them proved to be much use. The Air Ministry briefly went so far as to consider ordering aircraft from Poland.
Even more remarkable than the initial specification was the response of the ministry to this awkward failure. One of the competing firms, Supermarine, had delivered its prototype late and well below specification. But when Supermarine approached the ministry with a radical new design, an enterprising civil servant by the name of Air Commodore Henry Cave-Browne-Cave decided to bypass the regular commissioning process and order the new plane as "a most interesting experiment." The plane was the Supermarine Spitfire.
It's not hard to make the case that the Spitfire was one of the most significant new technologies in history. A brilliant, manoeuvrable, and superfast fighter, the Spitfire—and its pin-up pilots, brave to the point of insouciance—became the symbol of British resistance to the bombers of the Nazi air force, the Luftwaffe. The plane, with its distinctive elliptical wings, was a miraculous piece of engineering.
If the bureaucracy and politicians had their way, there would have never been a Spitfire. You know what they would have had? Defiants and Rocs. Don't know about them? Exactly.
As a side note - where is the statue of Air Vice Marshall Henry Cave-Browne-Cave, CB, DSO, DFC, RAF? There really should be one somewhere in the mother country. At least he has a Facebook page. I "liked" it. Least I can do.