Baroness Burt of Solihull
Main Page: Baroness Burt of Solihull (Liberal Democrat - Life peer)My Lords, we are continuing to work with BAE Systems to further mature the Type 26 design, including our March investment of a further £472 million. Our total investment so far is £1.6 billion into the Type 26 frigates, which is hard evidence of our commitment and real progress. In common with all equipment procurement programmes, the schedule is set at the main investment decision, and we have not yet reached that decision point.
My Lords, the manufacture and sale of ships is by nature an international endeavour. Is not the worst thing that we could do for the shipbuilding industry and other industries to cut ourselves off from our largest trade partner? Has the Minister made any assessment of the impact that leaving the EU would have on our shipbuilding industry?
My Lords, our shipbuilding industry, as the noble Baroness is undoubtedly aware, is confined mostly to warships. However, we are very successful in some of our export systems, throughout the whole world and not necessarily just to Europe. We are specifically exporting electronics, optronics and weapons handling systems. Current programmes include Australia, Norway, Germany and Poland.