European Launcher Development Organisation

HC Deb 17 June 1966 vol 729 c335W

Mr. Sheldon

asked the Minister of Aviation what is the foreign exchange cost of the European Launcher Development Organisation.

Mr. Mulley

Up to 31st March, 1966, some 98 per cent. of the total United Kingdom contributions to E.L.D.O. had been spent with British firms and Government establishments. My understanding is that the balance was spent by E.L.D.O. in Australia. The only expenditure outside the sterling area up to this date was in respect of licence fees and sub-contract payments by the British firms. Details of these payments are not readily available.