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The Guardian - UK

Business

Alex Daniel

Rachel Reeves ‘to give go-ahead’ for £1bn military helicopter deal

Rachel Reeves Leonardo Roberto Cingolani United Kingdom Yeovil

Helicopter Production At AgustaWestland — This Super Lynx 300 helicopter was produced by AgustaWestland in Yeovil, Somerset, owned by Italy’s Leonardo. Photograph: Chris Ratcliffe/Bloomberg/Getty

Rachel Reeves is to approve a £1bn deal to build military helicopters in Yeovil, saving about 3,000 manufacturing jobs, according to reports.

The chancellor is expected to sign a contract with Leonardo – the Italian owner of the former Westland factory in Yeovil, Somerset – to build the new battlefield helicopters, after months of speculation as to whether the historical site would survive.

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