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.
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.
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.