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Defence

  • The Notebook: So, when does Labour actually become pro-business?

    August 20, 2024

    The honeymoon is over, Labour needs to start walking the walk when it comes to being pro-business, writes Michael Martins.

  • Military sent to help as Lammy tells UK citizens ‘leave Lebanon now’

    August 3, 2024

    Military personnel and consular experts have been deployed to the Middle East to help British nationals in the region as ministers warned the “situation could deteriorate rapidly”.

  • BAE Systems raises full year guidance amid ongoing geopolitical tension

    August 1, 2024

    BAE systems upped its full year guidance and hiked its interim dividend off the back of a bumper half year trading update which saw healthy jumps in revenue and profit.

  • Babcock profit soars amid surge in global defence spending

    July 26, 2024

    Babcock International has reported a jump in annual profit as the British defence giant once again benefits from a "sustained uplift" in global defence spending.

  • Science Group hikes share buyback programme despite dip in revenue

    July 23, 2024

    Record profit first half profit at Science Group driven by a well choreographed turnaround at one of its major brands helped the consultancy and systems specialist to increase its share buyback programme.

  • ‘More capable and lethal’: British soldiers test new body-worn tech with lasers in security offensive

    July 22, 2024

    The 'digitally connected soldiers' were able to think faster, "increasing the tempo of a battle", and make better decisions in combat.

  • Qinetiq: ‘Good’ start to year helps defence firm to play catch-up on rivals

    July 18, 2024

    A landmark deal with NATO and the ongoing success of long-term agreements in the UK and Australia have helped defence firm Qinetiq to welcome a "good" start to the year.

  • It’s not just Brexiteers who should worry about the European Political Community

    July 18, 2024

    The new government views the European Political Community as a stalking horse for a bilateral deal with the EU that meaningfully deepens operational security. This is a mistake, argues Will Cooling One of the visible signs that the election caught everyone within the former government by surprise is how busy the international calendar has been. [...]

  • Cohort: Defence firm has record revenue and bumper order book amid ‘persistent’ tensions

    July 17, 2024

    Defence holding group Cohort pointed to the invasion of Ukraine and "persistent" tensions in the Aisa-Pacific region as being the core drivers of the record revenue and bumper profit it posted in its preliminary results.

  • Babcock: Geopolitical tensions boost FTSE 250 firm’s revenue

    July 17, 2024

    The FTSE 250 defence firm, which in March won a bumper £560m contract to refit one of the Royal Navy's Trident nuclear submarines, saw its underlying profit jump 34 per cent in the year ended March 31.

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