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.
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West Country MPs Sarah Wollaston and Richard Drax have been questioning the Prime Minister about backing bombing raids on Syria.
It will be mild and cloudy today with patchy rain. Light rain will continue into tomorrow, turning heavier in the afternoon.
Bob Crampton has the Thursday weather.