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Written question asked by Gerald Howarth (Conservative) on Thursday, 27 May 2004, in the House of Commons. It was due for an answer on Thursday, 8 July 2004. It was answered by Adam Ingram (Labour) on Thursday, 8 July 2004 on behalf of the Ministry of Defence.


Ministry of Defence

Question
To ask the Secretary of State for Defence, what assessment he has made of the consequences for his defence industrial policy of the proposed acquisition by Finmeccanica of the GKN holding in Agusta Westland.
Answer

Mr. Gerald Howarth: To ask the Secretary of State for Defence what assessment he has made of the consequences for his defence industrial policy of the proposed acquisition by Finmeccanica of the GKN holding in Agusta Westland. [177258] Mr. Ingram: The Defence Industrial Policy makes clear that the United Kingdom defence industry embraces all defence suppliers that create value, employment, technology or intellectual assets in the UK. This includes both UK and foreign-owned companies; we welcome inward investment into the UK. We remain committed to implementing the Policy and delivering its objectives.


Secondary information

Type
Written question
Reference
177258; 423 c824W
Session
2003-04
Subjects
Contracts Companies Defence Procurement Mergers Westland Helicopters GKN Finmeccanica
Link
View this Written question on www.publications.parliament.uk