Douglas Chapman – 2016 Parliamentary Question to the Ministry of Defence

The below Parliamentary question was asked by Douglas Chapman on 2016-02-09.

To ask the Secretary of State for Defence, what assessment he has made of the financial health of the Daewoo Shipbuilding and Marine Engineering Company and its potential effect on the MARS programme.

Mr Philip Dunne

Daewoo Shipbuilding and Marine Engineering (DSME) continues to progress the build of all four ships under the Military Afloat Reach and Sustainability Tanker contract. The Ministry of Defence is aware of reports in the specialist press regarding financial losses reported in the shipbuilding industry, including DSME. We continue to closely monitor this situation with DSME, noting that this is primarily a matter for the company.