§ Mr. RogersTo ask the Secretary of State for Defence what is the present value of offset contracts created as a result of the Boeing airborne warning and communication system agreement; and if the agreed amounts are being fulfilled.
§ Mr. Alan ClarkBoeing has to date submitted progress reports listing contracts placed with United Kingdom companies totalling $1.855 billion, of which we have so far agreed that $1.197 billion should count for credit. I have little doubt that Boeing will meet the agreed target of some $1.5 billion.