Jim Cunningham
Main Page: Jim Cunningham (Labour - Coventry South)Department Debates - View all Jim Cunningham's debates with the Ministry of Defence
(4 years, 6 months ago)
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Matt Western (Warwick and Leamington) (Lab)
Mr Wallace
The hon. Gentleman makes a really important point about protecting our sovereign capability and I take that incredibly seriously, as someone who worked previously in QinetiQ, in the UK aerospace sector. The issue with Cobham is ongoing. It is currently before the relevant Department in Whitehall. We have made our internal submissions on that and I therefore cannot comment on that particular issue. It is important that we maintain and keep our sovereignty, where that is viewed as necessary for our future, but we should also not forget that the reason we are the second biggest aerospace exporter in the world is that we take an international consortium attitude towards it.
Mr Cunningham
Can the Secretary of State tell us the future value of contracts to British companies such as GKN and Rolls-Royce and the future cost of those contracts?
Mr Wallace
Given the recent increase in our settlement of £2.2 billion, of which a large proportion will go on investing in the capital part of our budget, the future for UK aerospace should be bright and looks bright. The Type 31 frigate, for example, will be made in Rosyth and will be delivered by UK yards.