The new passports to be issued by the UK after Brexit will be made abroad, and will also change from its current burgundy colour to its original blue and gold colour.
According to the BBC, the current British manufacturers of the passports, De La Rue, announced that a Dutch firm headquartered in Paris, France had won the contract to produce the passports from October 2019.
The current burgundy passport has been in use since 1988.
The head of De La Rue said the contract to the Dutch firm, Gemalto, was worth £490 million.
The British Home Office said the new deal could save the taxpayer £100m-£120m and that 70 new jobs would be created in the UK, at sites in Fareham and Heywood in Lancashire.
Gemalto, which has its headquarters in Paris and has a factory in Fareham, said it was aware of the reports regarding the contract to produce the new UK passport.
But it added: “As the process is still ongoing and the terms of engagement are confidential, we cannot make any further comment on it at this stage.”