The UK Ministry of Defence (MoD) is considering grounding the Royal Air Force’s (RAF) fleet of 120 Tornado fighter jets to save over £7.5bn ($11bn).

According to the MoD, grounding the Tornado would save billions more than withdrawing the Harrier jet, according to Mail Online.

The proposed grounding of the Tornado jets, which have been a mainstay of the RAF for 30 years, is expected to have a dramatic impact on the armed forces.

During a meeting of the National Security Council, service chiefs and ministers have agreed to scrap one of the UK’s three fleets of fast jets to achieve significant savings.

The MoD decided to scrap Tornados as scrapping the Harrier Joint Strike Wing used by the RAF and Royal Navy would only save about £1bn ($1.5bn).