Lord Coaker (Lab)

I certainly can do. First, I again pay tribute to the service that the noble Lord demonstrates through his activity in the reserves—it would be wrong not to do that. I will deal with the projects one by one. AUKUS is a phenomenal project. The Government have just announced £9 billion of investment in Rolls-Royce to deliver the propulsion units for the nuclear-powered submarines. That relationship between the US, the UK and Australia is fundamental to the peace and security of the globe as we go forward. As far as we are concerned, pillar 1 is moving forward at pace. Issues may well arise with a project such as AUKUS, but they will be dealt with as necessary, and the AUKUS project moves at pace. The pillar 2 aspects of that—the technology and development of other capabilities—are also moving along. Discussions are taking place about whether we move beyond the initial three countries to involve other countries. So, as an update to the noble Lord, I say that AUKUS is moving forward at pace. On GCAP, which noble Lords know is the relationship between ourselves, Japan and Italy that aims to develop a sixth-generation fighter, I can say that that too is moving. Various treaties have been put in place and various commitments have been made to it. We will see a sixth-generation fighter produced by those three nations, which again will contribute to the defence and security of the globe. Both those updates are not good news stories in terms of gloating and saying what a wonderful thing this is; but it is good to say—notwithstanding the noble Baroness’s challenge about money—that with both AUKUS and GCAP we have capabilities that are being developed that will secure our own country and alliances and enable us to stand up in the future for peace and security in Europe and beyond. As such, we should celebrate both of them.