Defence Equipment: Procurement

(asked on 29th November 2022) - View Source

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.


Answered by
Alex Chalk Portrait
Alex Chalk
This question was answered on 7th December 2022

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

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