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Written question asked by Lord Beamish (Labour) on Thursday, 7 July 2022, in the House of Commons. It was due for an answer on Monday, 11 July 2022. It was answered by Jane Hunt (Conservative) on Thursday, 14 July 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Cobham Ultra Acquisitions: Ultra Electronics

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the proposed undertakings offered by Cobham Ultra Acquisitions Limited in relation to its acquisition of Ultra Electronics Holdings plc, whether the non-executive Director appointed on the boards of the two SecureCos will be from UK Government Investments.

Answer

The agreed undertakings are available on GOV.UK. As set out in the undertakings, the boards of the SecureCos will be comprised solely of British nationals with the appropriate security clearance and the non-executive Director appointed to the boards of each SecureCo will be appointed by the Government. The size of the boards is a matter for Ultra.


Secondary information

Type
Written question
Reference
32497
Session
2022-23
Grouped for answer
Yes
Subjects
Ultra Electronics Cobham Ultra Acquisitions
Link
View this Written question on www.parliament.uk