Defence Budget and Transformation Debate

Full Debate: Read Full Debate
Department: Ministry of Defence

Defence Budget and Transformation

Stephen Gilbert Excerpts
Monday 14th May 2012

(12 years, 5 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Hammond of Runnymede Portrait Mr Hammond
- Hansard - - - Excerpts

Very far from it.

Stephen Gilbert Portrait Stephen Gilbert (St Austell and Newquay) (LD)
- Hansard - -

Will my right hon. Friend confirm that the £5 billion-worth of funding for the Atomic Weapons Establishment that has been announced today in a written ministerial statement is not new money and does not represent an increased financial commitment to the Trident successor programme?

Lord Hammond of Runnymede Portrait Mr Hammond
- Hansard - - - Excerpts

I can confirm that the new contract for the Atomic Weapons Establishment, announced today, is in fact a rolling over of the existing contract at a lower price for the next period.