The latest estimates suggest that Ministry of Defence investment supports over 200,000 jobs in industries across the UK. I believe that the best way to keep growing jobs in defence is to back the British defence industry. That is why I am delighted to confirm that, this week in London, we are hosting the biggest ever DSEI—Defence and Security Equipment International—showcasing the very best of the British defence industry, with companies large and small.

Debate is ongoing in defence procurement, and has been for many years, about the difference between buying off-the-shelf and having our own sovereign capability. The fact is that, until we brought out the defence and security industrial strategy in 2021, arguably the default position of the MOD was to go primarily for value for money. Since DSIS, we have a more flexible and balanced approach, seen in many specific procurements, where we give much greater weighting to social value and local content.

I have the greatest respect for my right hon. Friend, but he will appreciate that we do not comment on the operational availability of submarines, which is a particularly sensitive matter. However, he is absolutely right that we need to focus on the time it is taking to bring ships and all aspects of our fleet back into service. I confirm that I regularly engage with Babcock, and I will visit Devonport very soon.

I welcome the right hon. Lady to her new position as my ministerial shadow. We are very proud of our record, because in the past year or so we have been faced with a war on our doorstep in Europe, and procurement has risen to the occasion. Defence Equipment and Support in Abbey Wood has delivered kit to Ukraine in record speed. We have seen the acquisition of equipment such as the Archer on a quick basis, to fit our requirements.