HC Deb 30 October 1990 vol 178 cc504-5W
Mr. Cousins

To ask the Secretary of State for Defence what financial benefits accrue to the Exchequer from the explosive propellants and related products agreement concluded with Royal Ordnance in 1988.

Mr. Alan Clark

Over the five-year period of the agreement, the price in real terms of ammunition will reduce, depending on the particular nature, by up to 35 per cent.

Mr. Cousins

To ask the Secretary of State for Defence what consultations he undertook, prior to the conclusion of the explosive propellants and related products agreement with Royal Ordnance in 1988.

Mr. Alan Clark

We were in consultation with the company and with others for 15 months prior to signature of the agreement.