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Delays in £1B Helicopter Contract Threaten 10,000 Jobs

12/21/2025

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Story summary
  • Leonardo's chief executive Roberto Cingolani warned that delays to a £1 billion military helicopter contract could trigger UK investment cuts, risking more than 10,000 jobs at the Yeovil site in Somerset.
  • The contract has been pending for over a year and is essential for Leonardo's UK strategy, according to Cingolani.
  • UK ministers have faced criticism for not awarding contracts despite promises to boost defence spending amid rising threats from Russia.