(1 year, 8 months ago)
Commons ChamberThe hon. Gentleman is right that semiconductors and quantum technologies are significant. I am happy to write to him on that point.
I welcome today’s announcement as further evidence that we and our allies are taking seriously the threat of Chinese aggression in the Pacific, and taking action to deal with it. Apart from the strategic security advantages, the announcement offers economic benefit to the United Kingdom. The Minister has indicated that the defence supply chain should benefit, and it is reported that Barrow shipyard, Rolls-Royce, Thales and more will be in line to benefit. Is the Minister in a position to indicate whether this announcement will lead to extra high-value jobs in engineering and defence in Northern Ireland?
It is overwhelmingly likely that this announcement will have a positive impact across the United Kingdom, including in Northern Ireland. Inevitably, precisely how it shakes down will become clear in the fullness of time, because we will need to see the extent to which the supply chains are met in the UK, the United States and Australia. There is the rub—the point of all this is that all three countries bring that element of resilience. Already, Australia has certain capabilities in pressure hull steel, valves, pumps and batteries; we have capabilities in nuclear reactions and so on; and the United States brings weapons systems and various other technologies to bear. That resilience in the supply chain is important to ensure not just that the current submarines can be fitted out and produced, but, vitally, that there is a pipeline in future, because it sends the strongest possible demand signal not just now but for generations to come.