Written question asked by Lord Spellar (Labour) on Wednesday, 11 March 2026, in the House of Lords. It was due for an answer on Wednesday, 25 March 2026. It was answered by Lord Coaker (Labour) on Thursday, 26 March 2026 on behalf of the Ministry of Defence.
Sheffield Forgemasters
- Question
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To ask His Majesty's Government how much they spent to acquire Sheffield Forgemasters; how much more they have invested to date; and what estimate they have made of the cost of future investment.
- Answer
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The Ministry of Defence (MOD) spent £2.56 million in August 2021 to acquire Sheffield Forgemasters and its unique defence supply capability in its entirety. To date the MOD has invested a further £542 million in the recapitalisation of the company to modernise and expand its defence manufacturing facilities, including a new 13,000 tonne forging line and a state-of-the-art machining facility. The programme to deliver this is running to cost and schedule and completes in 2033. The total investment is forecast to be £1.3 billion.
Secondary information
- Type
- Written question
- Reference
- HL15445
- Session
- 2024-26
- Subjects
- Costs Expenditure Investment Sheffield Forgemasters
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-03-26 16:51:18 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL15445
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL15445
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL15445