(8 years, 2 months ago)
Commons Chamber12. What recent discussions he has had with his counterparts in other NATO countries on spending 2% of GDP on defence.
The UK is proud to be one of five NATO countries that meet the commitment to spend 2% of GDP on defence. Since the defence investment pledge was made at the Wales summit in 2014, progress has been made, with 16 allies increasing defence spending in real terms and 24 allies now spending more of their defence budgets on equipment. As it happens, the leadership role that the UK is given in NATO on this issue was warmly welcomed once again by the US Deputy Defence Secretary in my bilateral discussions with him last Friday.
What signal would it send to our NATO partners, and to our adversaries, ahead of the Warsaw summit if the Government took the advice of some in the House and failed to commit to spending 2% of GDP on defence? Will my hon. Friend update the House on the Libya and wider middle east situation?
(8 years, 7 months ago)
Commons ChamberWe expect small businesses to take an increasing share of our increasing defence budget, as they provide a vital source of innovation and flexibility in meeting defence and security requirements. In October, we announced a new target to increase the proportion of Ministry of Defence procurement spent with SMEs to 25% by the end of this Parliament. That target is 10% higher than the one that was set during the last Parliament.
What role are SMEs playing in the Trident replacement programme—for example, in the Rolls-Royce propulsion supply chain?
The Successor submarine programme will be one of the Department’s largest projects, and we expect about 850 suppliers across the UK to be involved. They will employ thousands of people in what is a very high-skilled domain, using cutting-edge technology. That will include the supply chain for Rolls-Royce nuclear propulsion systems based at Raynesway. Many of those companies will be SMEs, and I am sure that many of them will be from my hon. Friend’s constituency in Derby.