According to the news published by ITV, British commercial TV network, RAF Scampton which is home to the Red Arrows and RAF Linton will be closing next July, this is a part of a £140 million saving plan by 2020.
The bbc.com early this year wrote:
RAF Scampton, which was also home to 617 Squadron as they prepared for the Dambusters mission in World War Two, has housed the Red Arrows since 2000.
Six hundred people currently work at the site near Lincoln.
The MoD, which wants to save £3bn by 2040, is also closing RAF Linton-on-Ouse in North Yorkshire where 300 people work.
The government said RAF Scampton will close in 2022 with the Red Arrows relocating to a site “more fit for purpose”.