Question to the Ministry of Defence:
To ask the Secretary of State for Defence, with reference to page 45 of the Defence Equipment Plan 2022-2032, published in November 2022, what the eight projects within the PPST 22 population are that hold a FOREX risk allocation outside of the Approved Budgetary Level.
There are currently seven projects within the PPST population with a separate foreign exchange rate (FOREX) risk provision held outside of their approvals to deal with potential FOREX volatility.
As at March 22 these are:
· Apache
· E7 Wedge Tail
· Protector
· Challenger Life Extension Programme
· Brimstone 3B
· Spear Capability 3
· Mechanised Infantry Vehicle