Yes true it is being scrapped. However.... it IS being replaced by a new project (currently un-named) which may move all rotary airframes, AAC and RAF to Dishforth/Leeming.
I fail to see how. One of the main factors of Belvedere being scrapped is the cost. Moving to Dishforth and Leeming would still incure a huge cost that JHC still can't afford.