FARNBOROUGH, England, July 21 (Reuters) – BAE Systems, Boeing and Saab signed a deal to advance their partnership ‌to offer Britain a new fast-jet pilot training ‌aircraft based on Boeing’s T-7 system, as it looks for a replacement ​for the ageing Hawk fleet.

The trio, which last November announced they would work together, said at the Farnborough Airshow on Tuesday they were committed to a new final assembly ‌plant and other facilities ⁠in Britain.

BAE CEO Charles Woodburn said the partnership was well-positioned to support Britain’s future training ⁠requirements.

“Our offer represents a modern, integrated training solution which aligns with the ambition of the Defence Investment Plan, while strengthening ​the UK’s ​sovereign industrial capability,” he ​said in a statement.

Britain’s out-of-production ‌Hawk, part of which is recognisable through its Red Arrows display team, is due to be retired at the end of the decade, and BAE hopes a UK order could be followed by further orders from its global ‌customers.

The market for military training ​aircraft is forecast to rise to $3.7 ​billion by 2030 from $2.8 ​billion, excluding spending on support and training ‌services, according to U.S.-based consultancy ​AeroDynamic Advisory.

The T-7 ​system will incorporate flying with advanced simulation which can train pilots to fly the Typhoon, F-35s and future ​aircraft such ‌as GCAP.

The partners are currently looking for a suitable ​location for a final assembly plant.

(Reporting by Sarah ​Young; Editing by Sharon Singleton)