(2 weeks ago)
Commons ChamberI am sure that the House will want to offer its sympathies to His Majesty and the royal family on the passing of the Duchess of Kent.
The world is more dangerous and less predictable that ever, and as a result we need a strong British defence industry that is capable of innovating ahead of our adversaries. Our defence industrial strategy, launched later today, will meet that challenge. It will create jobs, grow skills, and drive innovation. It will make defence an engine for growth in every region and nation of the UK, and it will put Britain at the leading edge of innovation within NATO.
I know that the Minister of State, my hon. Friend the Member for Plymouth Sutton and Devonport (Luke Pollard), will be pleased to meet my hon. Friend. She recognises the truth at the heart of the need for a strong British defence industry that is resilient and capable of supporting the businesses, jobs and innovation that we need to develop here in Britain. Gone will be the days when we let contracts in the defence field without worrying where the jobs, businesses, and long-term investment will go.
I recently had the pleasure of visiting Stewart-Buchanan Gauges, a proud employee-owned business in my constituency that supplies high-quality gauges and valves to clients in more than 50 countries. It even provides gauges for the SpaceX shuttle, and it exemplifies the world-class small and medium-sized enterprises that drive our economy and support the defence sector. Will the Secretary of State outline what steps the Government are taking to ensure that firms such as Stewart-Buchanan Gauges are included in defence innovation initiatives and remain integral to UK supply chains?
I take my hat off to the firm in my hon. Friend’s constituency—it is exactly those sorts of businesses that are the backbone of a strong British defence industry. Small or medium-sized companies, often with the potential to grow, have not in the past seen support from Government. That is why we have set up an SME support centre that is dedicated to making it easier to access Government contracts, and why we will ringfence £400 million of direct defence investment that will go to SMEs. That will grow in each successive year.