Sarah Dyke
Main Page: Sarah Dyke (Liberal Democrat - Glastonbury and Somerton)Department Debates - View all Sarah Dyke's debates with the Ministry of Defence
(1 day, 19 hours ago)
Commons ChamberThere may be a competition for the title of the biggest Armed Forces Day event in the country—I refer the hon. Gentleman to my hon. Friend the Member for Great Grimsby and Cleethorpes (Melanie Onn). I am not sure whether his question was about SMEs or Armed Forces Day events, but I welcome the support that his small firms are giving to Armed Forces Day. From the centre, we are making sure that we can support local Armed Forces Day events where councils and local charities are willing to organise them. We are doing so right around the country, and I know the whole House will back those events, locally and nationally.
Somerset is home to many growing defence sector SMEs, such as Needles and Pins Aerospace in Somerton, which will shortly be opening a new factory in the town. It has been a supplier of bespoke support equipment to Leonardo helicopters for many years. What support is the Minister providing to SMEs such as Needles and Pins to ensure that they can compete for defence procurement contracts?
If the hon. Lady alerts her local small firms to the commitment I have made that next month we will set a target for direct defence investment in SMEs, she will then get confirmation of our commitment to boosting this important area of our economy. She will also recognise that every 1% more of defence spending we put into SMEs is worth £250 million more for those small firms.