HC Deb 16 December 1937 vol 330 c1342
90. Mr. Mander

asked the Under-Secretary of State for Air what is the maximum rate of profit permitted in Air Ministry contracts during the past two years in the three highest cases, and the amount of the contracts in each case?

Lieut.-Colonel Muirhead

Apart from four contracts of an average value of approximately £18,000 in which experimental, scientific or other special considerations necessitated exceptional treatment, but in which no rate of profit exceeding 15 per cent. was admitted, no contracts have been placed by the Air Ministry during the past two years based upon a costed estimate in which an allowance of more than 10 per cent. for profit has been admitted.