>Letter from BAE to Cameron published

>A letter sent to Prime Minister David Cameron from BAE Systems CEO Ian King has been made public. Not leaked, but published by the Treasury. In the letter Mr King points out the consequences to the sector cancelling that The Prince of Wales would have caused. Most interestingly the letter points out what a mess the contract that the Government inherited. It would have cost £4.8bn to cancel the Prince of Wales, but £5.25bn to have both new Air Craft Carriers.

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