Our approach to procurement recognises the need to assure the UK’s operational advantage and freedom of action in relation to certain capabilities.
In addition to measures to protect national security, the Government have secured legally binding commitments that there will be significant protection of jobs in the UK, that Cobham’s headquarters will remain in the UK, and that there will be guaranteed spend on research and development. Of course, this is not just a one-way street. I draw my right hon. Friend’s attention to the acquisition by BAE Systems of two very high-tech and interesting companies in America last week.