Cameron hails multi-million 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 P8A 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.

A Boeing P-8A Poseidon spy aircraft

The company will also base the maintenance and training facilities for its military fixed-wing and rotary platforms in…

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