(3 weeks, 6 days ago)
Commons ChamberWhen I first arrived in the House, the leader of the hon. Gentleman’s party was advocating leaving NATO and giving up Trident, so I will take no lectures from those on his side of the House. My party is committed to 3% defence spending, and I think that those defence contractors in his constituency would very much like to see a Conservative Government spend some of that money in his patch.
Would my hon. Friend care to disabuse Labour Members who seem to be under the impression that whatever amount we put in, somehow our defence contractors in the UK will get more out of the fund than we are contributing? The history of defence procurement in Europe is that France and Germany invariably make sure that they get more out of it than they put in, and we are always the losers. I do not think we will suddenly become winners when we are not a member of the EU.
My hon. Friend’s experience in these matters speaks volumes. The truth is that we must be absolutely certain that this will not be just another scheme for funnelling money into French defence companies while keeping it away from defence companies in other jurisdictions.