Nuclear-powered Submarines
Debate between Lord Hammond of Runnymede and Jessica Lee(11 years, 10 months ago)
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Mr Hammond
The Trident alternative study is a review that has been agreed by the Deputy Prime Minister and the Prime Minister and will report to them. I cannot give any undertaking at the moment that its conclusions will be published in any detail, because obviously there are significant security considerations involved. I am sure the Deputy Prime Minister and Prime Minister will make a statement in due course, once they have received the report.
Jessica Lee (Erewash) (Con)
As a Derbyshire MP, may I warmly welcome this announcement, and the jobs and investment this project will bring to Rolls-Royce and the surrounding area? Does my right hon. Friend agree that it is the expertise at Rolls-Royce and the commitment and dedication of the local work force that will ensure that this project is a success?
Mr Hammond
As my hon. Friend knows better than most people, Derby has an extraordinary concentration of highly skilled engineering jobs and it is that that has sustained the city so well. Of course, Rolls-Royce has a range of world-beating capabilities, and the investment we are making today will ensure the future of just one of those capabilities.
Defence Budget and Transformation
Debate between Lord Hammond of Runnymede and Jessica Lee(11 years, 11 months ago)
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Mr Hammond
My hon. Friend is absolutely right about that and I have acknowledged it many times: uncertainties about redundancy, about basing and about unit structures are all debilitating. We will close down those uncertainties as soon as we possibly can but, as I said, it will be towards the end of the year before we can make an announcement about basing.
Jessica Lee (Erewash) (Con)
Does my right hon. Friend agree that the £4 billion contingency budget for the equipment programme is particularly welcome for companies such as Chemring, in my constituency, which provides hundreds of jobs and builds fantastic, quality equipment for our armed forces? I say that because businesses require clarity in order to plan for the future, and today’s statement provides that.
Mr Hammond
I am grateful to my hon. Friend for that. The knowledge that there is a £4 billion contingency budget will be hugely reassuring for the defence industry when it looks at the overall programme and decides how to invest its own money in the technologies and skills needed to deliver it. However, I urge the company in her constituency not to think that the £4 billion is there to accommodate its cost overrun.