World is scariest it’s been since Cold War, BAE Systems boss warns Business The world is “probably the scariest it’s been” since the Cold War, the chief financial officer of FTSE 100 defence giant BAE Systems has warned. Brad Greve said the governments BAE Systems supplies “see a risk environment that’s unprecedented” and that the company’s “mission of protecting those who protect us is more important than it [...]
Ex-head of British Army to lead Santander’s defence lending Banking The former head of the British Army is set to lead Santander’s bid to bolster its defence lending as the industry experiences soaring demand with nations upping spending. General Sir Patrick Sanders was the chief of the general staff from 2022 to 2024 in the British Army and is set to join the Spanish-headquartered bank [...]
Britain secures £10bn warship deal with Norway Politics The UK has agreed a £10bn deal to supply Norway with at least five new warships, in what both governments are hailing as a landmark for defence cooperation, but which analysts say also underscores rising geopolitical tensions and the pressure on NATO allies to increase spending. Under the agreement, Britain will deliver ‘type 26’ frigates [...]