Military sent to help as Lammy tells UK citizens ‘leave Lebanon now’ Politics 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 Business 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.
‘More capable and lethal’: British soldiers test new body-worn tech with lasers in security offensive Army 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.
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, [...]
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”.