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The MoD said no decision had been taken but the site was being scrutinised, along with all defence expenditure, to secure "the best value for money".
BBC: An aircraft lands at RAF Northolt
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Up to 40 separate studies of defence expenditure are close to completion, which will be submitted to the NSC's small secretariat, led by the new national security adviser, Sir Peter Ricketts, a former head of the Foreign Office.
ECONOMIST: The future of British defence
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Details will come in his pre-budget report in November, but some expenditure has already been fast-tracked in housing and defence.
ECONOMIST: The politics of a shrinking economy