As part of a new partnership with the UK government Boeing is set to invest £100m in Scotland creating more than 100 jobs.
The UK government has announced a new strategic partnership between Boeing and the UK, as well as £365m funding for new aerospace R&D projects, ensuring the country remains a global aerospace industry leader.
The partnership will see Boeing and the government work together to build a new £100m P-8A operational support and training base at RAF Lossiemouth in Scotland.
Boeing has confirmed that it will create 2,000 jobs across the country and increase its R&D spending.
Prime Minister David Cameron announced the P-8A deal today at the start of the Farnborough Airshow.
He said: “Whatever uncertainties our country faces, I want the message to go out loud and clear: the UK will continue to lead the world in both civil and defence aerospace.
“We aren’t just open for investment: we are a place the global aerospace industry wants to do business – as Boeing’s long-term partnership with the UK proves.”
The £365m worth of R&D projects have been approved, and are jointly funded by industry and government.
This is part of a total £4billion joint R&D commitment over 13 years to 2026.
“It’s also important to put government investment where it counts.
“That’s why we are jointly funding the new R&D fund with the aerospace industry and why I’m pleased we have today signed the contract for 9 new P8 Maritime Patrol Aircraft for the Royal Air Force, underlining the UK’s commitment to spending on vital defence,” added Mr Cameron.
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