HC Deb 03 July 1974 vol 876 c188W
Mr. Kinnock

asked the Secretary of State for Defence what financial assistance has been given to the British aircraft industry over the last 10 years, 1964 to 1974, in respect of military research, development and procurement contracts.

Mr. William Rodgers

Total payment to the British aerospace industry in respect of military research, development and procurement contracts in the ten calendar years 1964–73 were:

£ million
1964 310
1965 320
1966 295
1967 290
1968 265
1969 250
1970 245
1971 270
1972 280
1973 245 (Est.)

These payments were, however, for work done and cannot strictly be described as financial assistance.