Defence: Industrial Strategy - Question

Part of the debate – in the House of Lords at 3:03 pm on 27 February 2017.

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Photo of Lord Levene of Portsoken Lord Levene of Portsoken Crossbench 3:03, 27 February 2017

My Lords, I declare my interest as chairman of General Dynamics UK. Many years ago now, I was given the task of unscrambling the defence industrial policy, which was centred on so-called national champions. This policy resulted in significant cost overruns and delay in delivery of equipment badly needed by our Armed Forces. Will the Minister please confirm that the Government have no intention of reverting to that policy and remain committed to the policy of competitive procurement which has served the nation well?