§ 17. Mr. BorrowTo ask the Secretary of State for Defence if he will make a statement on the future of Royal Ordnance. [104551]
§ Mr. KilfoyleAs I announced on 21 December 1999,Official Report, column 467W, we have entered into a long term partnering arrangement with Royal Ordnance for the supply of a wide range of ammunition products from Royal Ordnance. The arrangement, which is initially for 10 years, will provide Royal Ordnance with a stable workload worth some £100 million per year. It will provide value for money for the taxpayer by establishing a stable base from which Royal Ordnance can invest and restructure for the future.