Written question asked by Jim Cousins (Labour) on Tuesday, 22 October 2002, in the House of Commons. It was due for an answer on Monday, 28 October 2002. It was answered by Lord Moonie (Labour) on Monday, 28 October 2002 on behalf of the Ministry of Defence.

Ministry of Defence

Question: To ask the Secretary of State for Defence, when he will make a statement on the final contractual terms and other arrangements for Carlyle Investments to become the strategic partner for QinetiQ.

Answer: Mr. Cousins: To ask the Secretary of State for Defence when he expects to report to Parliament on the final contractual terms and other arrangements for Carlyle Investments to become the strategic partner for QinetiQ. [77378] Dr. Moonie: I informed Members at the beginning of September that we were about to enter a limited period of exclusive negotiations with Carlyle Financial Investments as our preferred bidder for partnering QinetiQ. These negotiations are currently well under way and, as we remain on target to complete the sale before the end of the year, I expect to be in a position to give the House details of the arrangements in the near future.

Secondary information