HL Deb 05 July 2004 vol 663 cc24-5WS
Lord Bach:

My right honourable friend the Minister of State for Defence (Mr Adam Ingram) has made the following Written Ministerial Statement.

The chief executive of DARA has been set the following key targets for financial year 2004–05.

Key Target Details Target
KT 1—Quality The measurement of Achieve fewer than
attributable major 15 attributable major
customer concerns customer concerns
received from annually, on average
DARA's customers financial years
2004–05 to 2006–07.
KT2—Business The measurement of Achieve an annual
Performance and DARA's return on return on capital
Efficiency capital employed of at least
employed(RoCE) 3.5 per cent.
KT3—Business The measurement of Achieve a closing
Sustainability DARA's order book order book of at least
cover: ꀃ200 million at the
end of financial year
2004–05, which
includes at least
ꀃ100 million to be
deliverable.
KT4— Wider The measurement of Present a business
Markets DARA's progress case to the
towards wider Ministerial Advisory
markets penetration. Board (MAB) for
DARA's potential in
the civil aerospace
market, by end July
2004. Then, by the
end of financial year
2004–05, to present a
long-term business
plan for significant
growth in the
proportion of
revenue from non-
MOD customers.
KT5—Cost The measurement of To reduce total
Reduction. DARA's reduction in DARA costs by at
costs. least 5 per cent in
real terms by the end
of 2004–05.