Indeed. Window for applications open 17 Jan to 28 Feb. Notifications on 12 Jun.
According to the DIN, this will be the last main round of redundancies (until the next lot!) for the RAF and RN bar a few OF5s and 6s and senior medical staff. So if you want it, now's the time to go for it, and if you don't want it, keep your head down and fingers crossed for 6 months.