Memorandum 102
Supplementary memorandum from Astrium
Limited
The Minister of Science declared that the UK
would subscribe £90 million to the ARTES programme at the
ESA Ministerial Meetings in Edinburgh in 2001 for the period 2002-05
and £16 million at the Berlin ESA Ministerial in 2005 for
the period 2006-07.
Annualised these figures give a subscription
value of £18 million for the five year period covered by
the 2002-05 subscription and £8 million for the two years
covered by the 2006-07 subscription.
When cost appreciation in line with standard
ESA practice is taken into account together with integer rounding,
these figures effectively endorse the UKSpace statement that "in
December 2005 UK Government reduced investment in ARTES from £20
million to £8 million".
March 2007
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