The deal for Bristow Helicopters to run the country's search-and-rescue (SAR) helicopter service is worth £1.6 billion.
It ends ends 70 years of SAR service from the RAF and the Royal Navy SAR squadrons. It also spells the end of the use of Sea King helicopters in SAR work. It is not known whether Portland, Culdrose or Chivenor will be affected.
More top news
A builder has been ordered to pay £2,500 for opening a sluice gate on the Somerset Levels at the height of the floods.
Danny Cipriani created one try and scored another as Sale wrecked Exeter's hopes of climbing to the top of the Aviva Premiership.
Repairs to an iconic landmark in Newquay were completed today.