£760m contracts for helicopter maker AgustaWestland
29 January 2014 Last updated at 17:05 GMT
One thousand UK engineering jobs have been secured thanks to two government contracts to upgrade military helicopters, according to the Ministry of Defence.
But with overall spending on defence decreasing, what does it mean for the industry as a whole?
The AgustaWestland factory in Somerset will feel the benefits - Stephanie McGovern reports from inside a helicopter there.