Cameron hails multi-billion pound deals with Boeing
The UK government has inked new multi-billion pound contracts with American aerospace and defense giant Boeing, Prime Minister David Cameron says, hailing the move as a sign of confidence in the country’s economy in the aftermath of the Brexit vote.
Cameron made the announcement on Monday at the Farnborough international air show in Hampshire.
Under the new contracts,Boeing will provide the British military with nine P-8A Poseidon spy aircraft, complete with a £100 million ($129 million) maintenance facility at the RAF Lossiemouth base in Moray.
Boeing has also promised to create as many as 2,000 new job opportunities across the UK, 100 of which will be at the military base.
Also under the new agreements, Britain will act as Boeing’s base for military exports to Europe and the Middle East region.
The company will also base the maintenance and training facilities for its military fixed-wing and rotary platforms in the UK.
According to Cameron’s office, Boeing will also make a £365 million ($471 million) investment for aerospace research and development, part of the Aerospace Growth Partnership which was established in 2012 and is designed to maintain the UK’s position in the industry.
In his speech at the opening of the air show, Cameron said that the news “shows the UK is open for business, and attractive for investment.”
“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,” he added.
Boeing’s chairman, Dennis Muilenburg, said that his company shares the same goals as Cameron’s government.
“Boeing is committed to the UK government’s prosperity agenda and we share the goals of enhanced economic growth that the prime minister has set out to us,” he said.
Absurdity of UK foreign policy and surging fuel prices
Yemen’s pro-Palestine operations strike heavy blow to UK retailers: Report
UK falls into recession in huge blow to PM Sunak
US secretly pressing countries into nixing Palestinian statehood: Cables
VIDEO | Israel impregnability perished
VIDEO | Top Iran official visits Syria to unite efforts in combating terrorism in region
VIDEO | Palestinians take to streets across West Bank to mark Prisoners Day
Israeli military’s new killing tactic: ‘Drones playing sounds of crying children’
‘Unsubstantiated’: Iran rejects Argentine court's blaming for AMIA bombing
West’s backing of Israel after Iran’s retaliation ‘reckless, irresponsible’: Legal analyst
Hamas: Iran’s attack ended Israel’s era of hit-and-run
This makes it easy to access the Press TV website
