My right hon. Friend the then Secretary of State for Trade and Industry, as Chair of the Cabinet Committee on Restructuring of the European Aerospace and Defence Industry, held meetings in October 2005 and December 2005 with the Defence Secretary, Chief Secretary, Foreign Secretary, Minister for Defence Procurement and Minister for Industry and the Regions, which included discussion on the impact of proposals in the Defence Industrial Strategy on the UK's Defence Aerospace Industrial Sector.
My right hon. Friend the Secretary of State also regularly meets senior industrialists of aerospace and defence companies and has discussed aspects of the Defence Industrial Strategy with them.
The Department of Trade and Industry regards the Defence Industrial Strategy as vital to the future of the UK's defence industrial base. It establishes a long-run strategy to promote a sustainable base in the UK of those industrial capabilities needed to ensure appropriate sovereignty and to provide companies with greater clarity of future equipment needs which allows them to plan UK investment effectively.