§ Mr. Hancock
To ask the Secretary of State for Defence what the projected cost is of his Department's collaborative effort to develop, produce, and support the Meteor Beyond-Visual-Range-Air-to-Air Missile; how much of this development will be carried in the UK; which UK companies are involved in this project; and if he will make a statement. 
§ Dr. Moonie
To the UK, the whole life cost of the Meteor missile will be in the region of £1.5 billion. This figure includes the cost of development, production and in-service support. Some 35 per cent. of the work undertaken during the development phase will be carried out in the UK, and matches the UK's financial contribution to that phase.
Matra BAE Dynamics (UK) (MBD) will be the prime contractor for the Meteor programme with Alenia Marconi Systems, Royal Ordnance, Roband, Fairey Hydraulics, BAE Systems—Systems and Sensors Division, and Missile and Space Batteries acting as first level UK sub-contractors.
Subject to conclusion of a Memorandum of Understanding with all of our partner nations, and negotiation of satisfactory contractual terms and conditions with MBD, we hope to be able to place a demonstration and manufacture contract for Meteor by the end of this year.