§ Mr. Trotterasked the Secretary of State for Defence what is the total value of naval and military exports in each of the last three years and his estimate of the extent to which future export prospects will be damaged as a result of the cutback in the United Kingdom's Armed Forces and the design and procurement of their equipment.
§ Mr. MasonThe estimated value of naval and military exports, including aerospace products, for each of the last three years is as follows:
£ million 1971–72 … … … 242 1972–73 … … … 257 1973–74* … … … 400 (* Provisional) As regards the implications for industry of the proposed reduction in defence expenditure, I have nothing to add to the statement I made to the House this afternoon.