One of the area’s biggest employers - BAE Systems - has agreed a £100m deal with the Ministry of Defence to extend the Typhoon Availability Service (TAS) programme for another 12 months.
The extension will mean BAE Systems continue to work in partnership with the RAF to enable them to meet their operational requirements.
Typhoon fighter jets are based at RAF Coningsby where much of the work on the programme takes place.
Philip Dunne MP, Minister for Defence Equipment, Support and Technology, said: “This is good news for the Royal Air Force and the Typhoon force.
“Typhoon is the cornerstone of the UK’s air defence and will benefit from continued in-service support provided by BAE Systems in partnership with the RAF.”
Nigel Davey, Director for the Military Air Support business at BAE Systems commented: “I’m really pleased that we have been able to agree terms to continue to support the RAF’s fleet of Typhoon aircraft.
“We have worked hard over the last five years, in partnership with the UK MOD and RAF, to develop a service that ensures the RAF are able to meet their operational requirements and that is also cost effective for the UK taxpayer.
“The RAF plays an important role both at home and away. This provides us with inspiration, and it is a privilege to be able to be part of the team.”
Under the TAS contract, BAE Systems is responsible for delivering Typhoon aircrew and ground crew training, maintenance and the servicing of the aircraft, providing technical support and managing spares, repairs and logistics.
BAE Systems supports the fleet at RAF Coningsby, RAF Leuchars and the Falkland Islands.