§ Lord Bach:
My right honourable friend the Minister of State for Defence (Mr Adam Ingram) has made the following Written Ministerial Statement.
The chief executive of DARA has been set the following key targets for financial year 2004–05.
Key Target Details Target KT 1—Quality The measurement of Achieve fewer than attributable major 15 attributable major customer concerns customer concerns received from annually, on average DARA's customers financial years 2004–05 to 2006–07. KT2—Business The measurement of Achieve an annual Performance and DARA's return on return on capital Efficiency capital employed of at least employed(RoCE) 3.5 per cent. KT3—Business The measurement of Achieve a closing Sustainability DARA's order book order book of at least cover: ꀃ200 million at the end of financial year 2004–05, which includes at least ꀃ100 million to be deliverable.
KT4— Wider The measurement of Present a business Markets DARA's progress case to the towards wider Ministerial Advisory markets penetration. Board (MAB) for DARA's potential in the civil aerospace market, by end July 2004. Then, by the end of financial year 2004–05, to present a long-term business plan for significant growth in the proportion of revenue from non- MOD customers. KT5—Cost The measurement of To reduce total Reduction. DARA's reduction in DARA costs by at costs. least 5 per cent in real terms by the end of 2004–05.