MP welcomes multi-million pound contract for Gosport firm

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GOSPORT MP Caroline Dinenage has welcomed news of a multi-million pound contract for Vector Aerospace Fleetlands.

The Gosport-based firm, on Fareham Road, will be involved in a £450m Ministry of Defence contract.

Gosport MP Caroline Dineage at Vector Aerospace Fleetlands, with minister for Portsmouth Matthew Hancock

Gosport MP Caroline Dineage at Vector Aerospace Fleetlands, with minister for Portsmouth Matthew Hancock

The five-year contract will be announced today by prime minister David Cameron during his visit to Portsmouth today, and will see Boeing provide the in-service support for Chinook helicopters at Fleetlands, securing 450 jobs and saving the taxpayer £150m.

Ms Dinenage said: ‘Hearing that this important military contract will be carried out at Fleetlands is very welcome news for our area.

‘Not only will it secure a huge number of jobs and boost our local economy, it also highlights the excellent engineering capabilities housed in the Gosport area.

‘We have a proud history of supporting the military and I am pleased that this new contract will ensure that we continue to do so.’

Today’s news follows an announcement last week that Vector Aerospace is set to receive £2m from the Regional Growth Fund.