Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the steps required to ensure that intellectual property previously held by Cobham will remain in the UK.

Intellectual property previously held by Cobham within the UK has transferred to new ownership following Advent International’s sale of Cobham’s UK businesses.

My Rt. Hon. Friend the Secretary of State has met with the new owners to secure assurances on their continued investment in the UK businesses and security controls remain in place under the new owners to protect security sensitive information.