Red Jet 7 will be built at East Cowes, securing 85 jobs there - and will join the fleet next summer.
Wareham Man Arrested Over RNLI Fraud
An RNLI employee from Wareham has been arrested on suspicion of defrauding the lifeboat charity.
The Poole-based organisation made a complaint to the UK's national fraud centre Action Fraud. It's not been revealed how much money was taken.
Police say a 53-year-old man has been bailed until next March.
A Dorset Police spokesperson said:
"The RNLI made a complaint of fraud to Action Fraud which was referred to Dorset Police on 8 May 2014 to be investigated.
"As a result of the investigation a 53-year-old man from the Wareham area was arrested on suspicion of fraud and has been released on police bail until the middle of March 2015."
An RNLI spokesperson said:
"We can confirm that a member of staff has been arrested in connection with alleged fraud.
"The RNLI takes any allegations of criminal behaviour very seriously and we are working closely with the police as well as conducting our own internal investigation. As this is a criminal investigation, we are unable to provide further information."
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