BAE Systems

Part of Backbench Business — [Un-allotted Day] – in the House of Commons at 12:50 pm on 24th November 2011.

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Photo of James Wharton James Wharton Conservative, Stockton South 12:50 pm, 24th November 2011

The right hon. Gentleman makes the important point that this might appear to be a short-term decision that benefits shareholders in the immediate future, but does he agree that in the long term shareholders would probably rather see the retention of an important skills base that will allow BAE to compete effectively in future and secure contracts?