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answering dept short name	Defence
date	2017-11-23
max ddp modified	2017-12-04T17:58:09.985Z
title	House of Lords Tabled Parliamentary Question 2017%2F19 HL3542

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registered interest

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answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


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question text

tabling member printed

uin

answer

is ministerial correction

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answer text

answering member printed

question first answered

answering member


label

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label

794224

registered interest

date

23/11/2017

answering body

Ministry of Defence

answering dept id

answering dept short name

Defence

answering dept sort name

Defence

hansard heading

F-35 Aircraft

house id

legislature

25277

pref label	House of Lords

question text

To ask Her Majesty's Government what is the total exchange rate contingency for the new Joint Strike Fighters for which orders have already been placed.

tabling member printed

Lord Moonie

uin

HL3542

answer

is ministerial correction

date of answer

04/12/2017

answer text

<p>For the UK F-35 Lightning Programme our cost approvals include some provision to address foreign exchange rate risks. Depending on the stage of the programme, the senior responsible owner and the project team will manage an appropriate risk contingency of 5-10 per cent, which is dynamically managed and proportionate to the risks at that time. This will continue to be monitored and prioritised as necessary in accordance with the overall departmental position.</p>

answering member printed

Earl Howe

question first answered

04/12/2017 17:12:42

answering member

2000

label	Biography information for Earl Howe

tabling member

621

label	Biography information for Lord Moonie