Grant Shapps quits aerospace firm after watchdog probe
Summary
Grant Shapps resigned from his role as chairman of Cambridge Aerospace after concerns that he may have broken rules about former ministers working with certain companies. A government watchdog said he created a perception of improper behavior after the aerospace firm won a missile contract, despite Shapps saying he was not involved in defense work.Key Facts
- Grant Shapps is a former UK defence secretary and Conservative MP.
- He resigned as chairman of Cambridge Aerospace on April 30.
- The company won a government missile contract called "Skyhammer."
- Shapps said he had no role in the missile contract or military projects.
- A government ethics watchdog found Shapps allowed a perception of wrongdoing.
- Rules said Shapps should avoid defense work for two years after leaving office.
- Critics said Cambridge Aerospace's work was mainly defense-related, questioning Shapps' claim.
- Shapps apologized for not getting advice when the company moved into defense projects.
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