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.
Aukus defence project can help drive growth agenda, says John Healey July 13, 2024 John Healey has set out the UK’s continued commitment to the Aukus defence project as he welcomed Australia’s defence minister to the country.
Will Starmer dare deal with the merchants of death? July 1, 2024 There’s one substantial, profitable sector where industrial strategy could actually work: Defence. But with some on the left calling for an arms embargo, will the Labour leader look to defence as the driver of growth it could be? Asks Eliot Wilson If you can find solid principles underlying the Labour Party’s economic and industrial policy, [...]
MS International hikes dividend after ‘record’ year June 26, 2024 MS International hailed an an outstanding year of trading performance and growth after it saw revenue rise and record profits thanks to particular success in its defence and corporate branding divisions.
UK defence sector raked in £28bn last year as war drives military spending June 26, 2024 The UK defence sector grew by 36 per cent between 2013 and 2023 and raked in £28bn last year as war drives military spending globally, according to a new report.
Election 2024: ‘Leaders are temporary’ – Starmer defends prior Corbyn support June 25, 2024 Sir Keir Starmer has defended his support for former Labour leader Jeremy Corbyn, insisting “leaders are temporary but parties are permanent”.
London-listed tech firm secures biggest-ever contract with US government June 20, 2024 One of Britain's top defence manufacturers has secured its largest single contract to date, suppling computer plug-in-cards to a major US defence and aerospace contractor.
Remembering the battle of Mount Longdon June 12, 2024 Standing solemnly in silent contemplation at the Aldershot Military Cemetery, soaking in the summer sunshine, eternity faces me carved in stone – a reality so far removed from the bravado of war or the romance of its poets that it jolts. Here, as close to that poetic earth referred to as “forever England” as I [...]
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.
Chemring: UK defence firm forecasts decade of rearmament as war fuels record orders June 4, 2024 Chemring's chief executive has forecast a decade of rearmament around the globe after the company posted a record half for new orders.