A £2.1 billion 10-year partnership has been secured by BAE Systems to support the RAF Coningsby Typhoon fleet, sustaining hundreds of high skills jobs.
The partnership with the Ministry of Defence (MOD) will see them working with the Royal Air Force (RAF) and Leonardo-Finmeccanica to support the UK Typhoon fleet.
The arrangement will introduce new ways of working to further reduce the costs of operating the fleet at RAF Coningsby and RAF Lossiemouth by more than a third.
The deal could see savings of more than £500 million reinvested to develop new capabilities for the aircraft.
This is the first time in the support of the UK Typhoon fleet, the formal Typhoon Total Availability eNnterprise (TyTAN) agreement, which is expected to be signed shortly, will combine contracts with suppliers from across Europe into a single programme.
Managing Director of BAE Systems Military Air & Information Chris Boardman said: “Combining support arrangements into one programme will help to increase reliability and availability of the fleet, whilst making it cheaper to support.
“The efficiency savings generated will enable new capabilities to be developed for the RAF Typhoon aircraft.
“We’ve worked with partners across our supply chain to drive improvements ensuring that we deliver the lowest possible costs to the MOD.”
This story was first published on Lincolnshire Reporter. Read more Greater Lincolnshire news at lincolnshirereporter.co.uk.