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Strategic Defence and Security Review

The right hon. Gentleman is obviously right to raise what could be a very serious issue. The suggestions in the press, none of which have been confirmed, are that the decision to place the major contracts on Trident could be delayed until the next Parliament, which is presumably due to begin in 2015. As the major contracts at the moment are only expected to be signed in 2014, I hope he would agree that a 12-month delay would not be that serious and might allow the decision to be taken in a more favourable economic climate. If, on the other hand, the Government were contemplating a five-year delay beyond 2014, we would be in a very different situation.