HC Deb 14 February 1968 vol 758 c366W
97. Sir Ian Orr-Ewing

asked the Minister of Technology what is the total amount paid in cancellation charges for the TSR2 and its equipment; and what are the current cancellation estimates for the F 111 and the British equipment which was being developed and produced for it.

Mr. Stonehouse:

Payments on all TSR2 contracts up to the time of cancellation amounted to £125 million. Since cancellation a further £53 million has been paid in respect of work done and other charges. With regard to the second part, I have nothing to add to the reply given by my right hon. Friend the Secretary of State for Defence on 18th January.[Vol. 756, c. 666.]

Sir Ian Orr-Ewing

asked the Minister of Technology what are the current estimates for the cancellation charges for 10 Buccaneers and their associated equipment.

Mr. Stonehouse:

As discussions with the two principal contractors are still at an early stage I should not give an estimate at present.