HC Deb 30 January 2002 vol 379 c379W
Mr. Evans

To ask the Secretary of State for Trade and Industry what outstanding financial commitments BAE has to Government agencies. [28657]

Mr. Wilson

All previous Launch Investment contracts with BAE Systems have been transferred to Airbus UK. These contracts provide for the repayment of Launch Investment with a rate of return in the form of levies on sales of the products developed. BAES no longer has such commitments to the Department of Trade and Industry. Comprehensive information on BAE Systems' outstanding commitments to the Government cannot be provided without incurring disproportionate costs.

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