Contracts (Control of Prices).

Part of Oral Answers to Questions — Royal Air Force. – in the House of Commons on 18th July 1935.

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Photo of Mr Philip Lloyd-Greame Mr Philip Lloyd-Greame , Hendon

The total payments made to the aircraft and engine manufacturers for supplies during the financial year 1934 amounted to approximately £5,400,000. The hon. Member will be aware from previous answers I have given of the work of the technical costings staff of the Air Ministry in framing their own independent estimates and of the other criteria of fair prices which have been applied in the past.