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Strategic Defence and Security Review

I have a degree of sympathy with what the right hon. and learned Gentleman says, but it is worth pointing out, at a time when the economy is going through a great deal of trouble, that the defence industry provides 300,000 manufacturing jobs—jobs that actually make and sell things to the benefit of this country's balance of payments. The defence industry contributes a very high value to Britain's exports, and it punches above its weight. It will be the aim of the Government to increase Britain's defence exports, partly as a way of securing British defence jobs in the longer term, because the more markets we have, the less the British defence industry is dependent on the British domestic economic cycle.