Chemring shares plunge despite record orders Business Chemring shares plunged on Tuesday as production and foreign exchange headwinds dented investor confidence despite booming orders. The FTSE 250 British defence contractor’s order book reached a record £1.04bn in 2024, meaning more than two-thirds of next year’s revenue forecast is already covered. Such soaring demand saw Chemring double down on a target of reaching [...]
Aukus defence project can help drive growth agenda, says John Healey Defence 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.