We have a small military attached to a relatively enormous defence bureaucracy that continually manufactures administrative and management processes for it's own interest. 
Many of the capabilities we do have are window dressing, largely compromised by low manning and obsolete or missing equipment. 
DND's epically bungled procurement is just one functional result of all that redundant bureaucracy. Not discounting the typical political chicanery, they're the gang who can't shoot straight. 10 Years for a new pistol?!