Debates between Marcus Jones and Gavin Williamson during the 2017-2019 Parliament

Combat Air Strategy

Debate between Marcus Jones and Gavin Williamson
Tuesday 17th July 2018

(6 years, 1 month ago)

Commons Chamber
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Marcus Jones Portrait Mr Marcus Jones (Nuneaton) (Con)
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It is very good of you to think of my welfare, Mr Speaker.

I welcome my right hon. Friend’s announcement. Many of my constituents work in the defence aerospace sector. Will he say how this fits in with the Government’s industrial strategy, and what does it mean for skills and for securing the jobs that currently exist and for creating new jobs in our great defence sector?

Gavin Williamson Portrait Gavin Williamson
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This is about securing those jobs and those skills not just for the next decade, but for the decade from 2040 onwards. My hon. Friend makes an important point, because this is part of our wider industrial strategy. Defence leads: for every £1 that is invested in defence, £4 is generated. We spend 2% of our GDP on defence, yet it accounts for 8% of our economy. It is vital for the prosperity of Britain to continue to invest in defence.