Question to the Ministry of Defence:
To ask the Secretary of State for Defence, pursuant to the Answer of 12 July 2022 to Question 32493, what estimate he has made of the impact of changes in the foreign exchange rate on the acquisition of 14 new Chinook H-47 (Extended Range) aircraft.
The impact of changes in the foreign exchange rate have been mitigated by the department's use of forward purchasing arrangements. At this time we estimate that this activity has limited the increase in cost to the Chinook programme to £37 million.