(12 years, 5 months ago)
Commons Chamber15. What steps his Department has taken to promote defence exports at the Farnborough air show.
The Farnborough international air show, which takes place in my constituency, was opened last Monday by my right hon. Friend the Prime Minister, who emphasised the high importance that the Government attach to supporting defence and security exports. My right hon. Friend the Secretary of State for Defence attended with his ministerial team, and we were extremely well supported throughout by the team from the UK Trade and Investment Defence and Security Organisation. RAF air and ground crews, accompanied by Italian air force personnel, were on hand to provide briefings on the outstanding role played by the Typhoon on operations over Libya last year. In addition, 150 air cadets were out in force helping the show organisers.
I visited the Farnborough air show last week and was able to see the best of the British aerospace industry, which employs 100,000 people, is worth £20 billion, and holds a 17% share of the global market. Will the Minister join me in recognising the importance of the role played by small and medium-sized enterprises in the supply chain, particularly those in my constituency which are driving growth and employing apprentices?
I am grateful to my hon. Friend for setting out so clearly the merits of the Farnborough air show. He is absolutely right: SMEs play a hugely important part. It is not just about the big boys. Without the SMEs, which are a repository of a huge amount of highly specialised technical knowledge, we would not have the industries that we do have. I am pleased to say that orders worth $72,000 million were signed as a result of last week’s show.