from the MOD, the government is to allow the ‘acquisition’ of Smiths Aerospace
Group Limited by General Electric.
the Minister for Trade, Investment and Foreign Affairs today announced that he
is proposing to accept undertakings instead of referring the proposed
acquisition of Smiths Aerospace by General Electric to the Competition
Commission. The undertakings, which are issued in draft today for consultation,
would protect sensitive information and ensure that the UK maintains certain strategic capabilities
unique to Smiths Aerospace.
What he really means is that the US
government and technical secrets for nothing.
said: “The OFT has advised that, if I believe it is necessary on national
security grounds, I am able under relevant legislation either to refer this
merger to the Competition Commission, or accept undertakings in lieu of making
such a reference.
MOD said: “The MOD has
advised that this merger raises national security issues relating to the
confidentiality of sensitive information and to the maintenance of strategic
capabilities in relation to a number of important current and future weapons
parties are invited to make their views known on the content and scope of the
proposed undertakings. Representations should be made in writing to the Department
for Trade and Industry by 25 April 2007 (source).
Wilson and the TSR2. Same shit another Labour Government.
Murder of the TSR.2 by Stephen
Hastings published by MacDonald (1966). The
title says it all really. The content is non technical, dealing a great deal
with the politics surrounding the cancellation and backed up by a fair amount
of factual information especially concerning costs. The author was at the time
a Conservative MP and a director of Handley Page Ltd. Because it was written
shortly after cancellation it has virtually no hindsight element to it, which
makes the author's assertions about the folly of the Labour government's
decision even more justified now, over forty years later. Worth seeking out
– Destroying Britain from the inside out.