The Fulmar has its origins in the Fairey P.4/34, which had been developed in response to the issuing of Specification P.4/34 by the British Air Ministry. P.4/34 had sought a light bomber that would be capable of being used as a dive bomber; in addition to Fairey's entry, competing submissions came in the form of the Hawker Henley and an unbuilt Gloster design. Despite the P.4/34's relatively high maximum speed of 284 mph, the rival Henley, which was capable of attaining 300 mph, was selected and eventually ordered; in service, the Henley was largely used as a target tug.