§ Mr. Gerald HowarthTo ask the Secretary of State for Defence what freehold(a) land and (b) buildings have been transferred by his Department to the ownership of QinetiQ, what the latest estimated value is of those assets; and how much (i) land and (ii) buildings has been leased to QinetiQ on leases in excess of 10 years. [87772]
§ Dr. MoonieWhen QinetiQ was vested as a plc on 1 July 2001, the following sites were transferred to QinetiQ: Aberporth Airfield, Alverstoke, Angle, Aquila, Bedford (three sites), Bincleaves, Chertsey, Christchurch, Cobbett Hill, Farnborough (Cody, Pyestock and Pyestock North), Fraser, Funtington North, Haslar (DERA site, not Hospital), Hurn (three sites), Hutton Moor, Malvern, Pershore, Portsdown,
VC10 Serviceable 1st line 2nd line 3rd line 4th line Modification RAF Brize Norton 3 6 1 0 0 1 Op. RESINATE 2 0 0 0 0 0 Munster 1 0 0 0 0 0 Akrotiri 2 0 0 0 0 0 Chateauroux 1 0 0 0 0 0 Falkland Islands 1 0 0 0 0 0 RAF St. Athan 0 0 0 1 0 0
Tristar Serviceable 1st line 2nd line 3rd line 4th line Modification RAF Brize Norton 1 1 0 0 0 0 Marshalls (Cambridge) 0 0 0 0 0 1 Abu Dhabi 0 0 0 0 1 0 Note:
Only six of the total of nine Tristar aircraft owned by the Department are air-to-air refuelling aircraft, the remainder are air transport aircraft.
808WThe projects covered by the studies carried out are as follows:
West Drayton and Fort Halstead. The last formal valuation which included all these properties was on 30 June 2001. At this point, the total value of the land and buildings transferred from MOD to QinetiQ reported in the opening balance sheet of QinetiQ was £342 million.
Detailed terms and conditions for a number of leases are still subject to final negotiation. Currently, the only lease from the Ministry of Defence to QinetiQ with a term exceeding 10 years is for the satellite communications centre at West Freugh