Workers to strike at Rolls-Royce supplier owned by Warren Buffett’s Berkshire Hathaway August 14, 2024 Almost 200 workers at a supplier to the likes of Airbus, Rolls-Royce and BAE Systems are to strike over an “unacceptable” pay offer. The employees at SPS Technologies in Leicester will begin industrial action later this month, union Unite has confirmed. SPS Technologies is part of Precision Castparts Corp which is owned by Warren Buffett’s [...]
‘The race is on!’: British aerospace firm Orbex ready for liftoff after opening London office July 22, 2024 Demand for satellites is rapidly increasing, with a shift from a few stationary ones to thousands in low Earth orbit, where much higher speed communication is possible
Porvair profit falls as molten metal arm sags July 1, 2024 London-listed Porvair missed expectations in the firm's annual results, with adjusted profit before tax falling three per cent.
Rolls-Royce now worth over £40bn thanks to ‘Turbo Tufan’ June 21, 2024 Rolls-Royce has cemented its status as a darling of the London Stock Exchange after its value passed £40bn for the first time ever.
Defence manufacturer Concurrent Technologies bags new contracts after acquisition June 6, 2024 Concurrent Technologies has bagged two contracts for £400k via its recently acquired subsidiary, Philips Aerospace.
How to get UK space SMEs beyond the final investment frontier May 6, 2024 The UK has 2000 space SMEs but few have managed to scale. With the right incentives and regulatory environment the industry can go interstellar, says Andrew Turner Shipping in the 1700s, cars in the 1800s and aviation in the 1900s – throughout history London has been the global hub for financing era-defining technology. I believe [...]
Senior: Demand fuels growth in aerospace business April 26, 2024 Senior said it expects that its aerospace business will see "good growth" this year due to the increasing number of aircrafts being built.
Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance April 24, 2024 Shares in microwave technology firm Filtronics soared as much as 52 per cent on Wednesday morning after it unveiled a new long-term deal with SpaceX's Starlink platform that could make Elon Musk's company a major shareholder.
Melrose Industries sets sights on growth as new chief takes aerospace reins March 7, 2024 Melrose Industries has pivoted to a "pure aerospace" play which will be led by their former COO
Senior shrugs off pandemic blip to deliver strong 2023 results March 4, 2024 Senior PLC’s Flexonics and Aerospace divisions helped it to a strong performance last year, with profit, revenue and earnings per share all up substantially on 2022.