Brexit and Covid beset Royal Navy contractor as profits plunge
Babcock reports underlying operating profits down 19%, with frigate-building programme making a lossBusiness live – latest updatesOne of the UK’s biggest defence contractors has bl...
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Babcock reports underlying operating profits down 19%, with frigate-building programme making a lossBusiness live – latest updatesOne of the UK’s biggest defence contractors has bl...
Babcock International reported organic revenue growth and stronger cash generation for fiscal 2026 (FY26), even as a large charge on its Type 31 frigate contract reduced reported u...
Babcock and Truflo Marine have launched a pilot initiative to strengthen UK-Australia submarine sustainment supply chains under AUKUS, with Australian-made valve components set to...
Babcock and Truflo Marine have started a pilot programme to strengthen submarine sustainment supply chains between the UK and Australia as part of the tri-nation AUKUS alliance. Th...
Babcock International shares have slumped after a frosty reception to its latest financial statement. Is the FTSE 100 stock now too cheap to miss? The post Why has this FTSE 100 de...
Fairbanks Morse Defense (FMD), part of Arcline Investment Management, has completed its acquisition of the Rolls-Royce Naval Handling facility in Peterborough, Ontario. The post FM...
Balfour Beatty has reorganised its UK business, with new divisions formed around defence, power and regional infrastructure, headed by Nick Crossfield; energy and major projects, l...
The National Armaments Director (NAD) Group has awarded a £27 million contract to Leonardo (UK) Ltd to supply critical aircraft consumable spares across the UK’s entire fixed-wing...
David Lockwood said Keir Starmer would have to decide whether he should sign off the military spending increase 'or whether that should be a task for his successor'.
Booz Allen has agreed to acquire Ultra Mission Solutions for $720 million The transaction will add mission-critical software and encryption products to Booz Allen’s defense technol...
Cobham Ultra, a portfolio company of Advent, a leading global private equity investor, announced that it has agreed to sell Ultra Maritime, a worldwide leader in next-generation un...
The principal contractors for the Apache support services deal will be Boeing Company and Lockheed Martin, while BAE Systems, located in Cumbria, UK, will be the principal contract...
First deliveries of British-made artillery barrels to Ukraine, under a £61 million contract supporting hundreds of UK jobs.
Thirteen British businesses have been awarded contracts of up to £4 million to work with the Ministry of Defence to boost rapid procurement and deliver cutting-edge technology for...
Following its departure from STS Aviation Services at Birmingham Airport, the Wedgetail with the registration number “WT001” has arrived at RAF Lossiemouth.
Britain’s military aircraft fleet, from Typhoon fighter jets to Chinook helicopters currently flying combat support missions in the Middle East, will stay in the air under a new co...
The first Boeing E-7 Wedgetail airborne early warning aircraft destined for Royal Air Force service landed at RAF Lossiemouth in northern Scotland, beginning the final stretch of t...
BAE Systems has delivered 19 Cold Weather All-Terrain Vehicles to support U.S. military operations in extreme winter conditions The Vermont National Guard Army Mountain Warfare Sch...
Package includes £200m loan from the National Wealth Fund for a range of projects to support growing demand from offshore wind, nuclear power, technology, and defence sectors
BAE Systems and Anduril Industries are among four defense companies on a shortlist to develop drone designs capable… The post BAE and Anduril among four defense firms on UK shortli...
KNL, the defence communications specialist owned by Telenor Group, has been appointed as an approved supplier on the United Kingdom's Tactical Communication Systems Framework (RM63...
The £4.6 billion contract awarded to industry joint venture Edgewing, funded jointly by the three partner nations, will advance the next stage of the aircraft's design.
The famed UK shipbuilder Cammell Laird has been sold as part of an ongoing consolidation of the sector as firms posture for the anticipated increase...
Building on the success of Phase 1, funding has been awarded to four successful applicants who will be adopting PYRAMID on their products, growing the PYRAMID supplier base and pro...
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