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Aircraft Carriers

Volume 477: debated on Monday 16 June 2008

23. To ask the Secretary of State for Defence when he expects to sign the final contract for new aircraft carriers. (210812)

As we announced on 20 May, we stand ready to sign the manufacture contracts for the new aircraft carriers once the Joint Venture between BAE Systems and VT Group completes. We welcome the announcement made by the companies last week that they have reached final agreement on the formation of this joint venture and that, subject to approval by VTs shareholders, they expect the new company to begin operations at the start of July 2008.