Teesside Airport Boosted with £173m Government Defence Investment

Teesside Airport boosted with £173m Government Defence Investment

• Teesside Airport gains £173m Government Defence Funds.
• The £173m Ministry of Defence training contract with British firm Draken will boost Teesside International Airport and support jobs across Teesside, Bournemouth, and the Midlands.
• The deal aims to deliver world-class training for the Armed Forces, boost British business, jobs, and national security.
• Draken, an aviation services and technology firm, has agreed a four-year deal with the Ministry of Defence to extend its operation at Teesside Airport.
• The £173 million contract will enable ongoing military training support with the RAF and follows the opening of a new hangar to accommodate Draken’s fleet of Alca L-159E.
• The investment is part of the Government’s Plan for Change and upcoming Defence Industrial Strategy.
• The deal promises growth, high-skilled jobs, and investment in the local economy.