I am grateful to my hon. Friend for championing Impcross in his constituency. I think he will accept that it is right that when British companies deliver the sort of sovereign UK capabilities mentioned, we scrutinise hard any sale to foreign firms. Impcross does indeed play an important role in the Typhoon and F-35 supply chains, and my hon. Friend the Minister for Defence Readiness and Industry would be happy to meet him.

The hon. Gentleman points to a firm in his constituency, and it is true that for too long too many small firms have felt locked out of MOD contracts. It is also true that the last Government, his Government, missed their own targets for SME defence support. Our new office for small business growth, which opened its doors for the first time last week, will help turn that around. At the risk of overburdening my hon. Friend the Minister for Defence Readiness and Industry, I am sure that he would be willing to meet the hon. Gentleman.

My hon. Friend and his Committee know a great deal more about this than The Times does. He will know that a competitive contract process is under way for the new medium-lift helicopter. He will also know that we are working flat out to finalise the defence investment plan. And he will know that, as part of that plan, we are dealing with a programme of record—a previous commitment to equipment—that was hugely overcommitted, underfunded and, in some cases, unsuited to the threats we face.

Firms such as Leonardo are getting defence contracts. I was in Edinburgh just the week before last to award a £450 million contract to Leonardo for a really important part of upgrading our Typhoon jets for the future. Of course, the hon. Gentleman is right that the supply chain to smaller and medium-sized firms is often mediated by primes such as Leonardo, which is why it is important that, since the election, we have let over 1,100 major contracts in defence, 84% of which have gone to British-based firms.

We are working flat out to complete the DIP, and the hon. Gentleman above all, having been responsible for defence procurement in the last Government, will appreciate just how overcommitted his own programme is. He will appreciate the truth of his former boss saying that, over 14 years, the Conservatives had “hollowed out and underfunded” our armed forces.

We are working flat out to complete the DIP, and the hon. Gentleman above all, having been responsible for defence procurement in the last Government, will appreciate just how overcommitted his own programme is. He will appreciate the truth of his former boss saying that, over 14 years, the Conservatives had “hollowed out and underfunded” our armed forces.

We will look at any way of raising the level of investment going into defence, but the hon. Member for Yeovil (Adam Dance) could start by recognising that this Government have made a commitment to record investment in defence—the largest increase since the end of the cold war. I note in passing that he seems to be against how we will fund this to reach 2.5% and 2.6% next year.