Qinetiq share price soars as global defence spending rises May 23, 2024 Defence contractor Qinetiq has hiked its dividend as a surge in national defence spending lifted full-year profit to £215.2m.
Cohort: Ukraine and Middle East conflicts drive record orders for defence firm May 23, 2024 Defence technology company Cohort received record orders last year, driven by ongoing conflict in Ukraine and the Middle East.
Gas mask supplier Avon Protection wins £38m MoD contract amid chemical warfare threat in Ukraine May 9, 2024 Avon Protection has won a £38m tender from the MoD to supply gas masks for the UK army, amid allegations of chemical weapons use by Russia in Ukraine.
NATO must commit 2.5 per cent defence spending, Cameron to argue May 9, 2024 NATO allies must commit to spending 2.5 per cent of GDP on defence, amid the need for a “harder edge for a tougher world”, David Cameron will say.
Concurrent Technologies shares jump after defence manufacturer sees higher UK demand May 1, 2024 AIM-listed Concurrent has soared over 45 per cent over the past year as the company has made several strategic wins.
Nato needs enhanced capabilities, not just more funding April 30, 2024 Extra defence spending is welcome but not enough. Europe needs to be able to defend itself with a credible military capability within Nato, says Daniel Sleat Ongoing wars in Ukraine, the Middle East and elsewhere continue to highlight the geopolitical volatility of the world we live in. The risk of escalation in any one of [...]
Senior: Demand fuels growth in aerospace business April 26, 2024 Senior said it expects that its aerospace business will see "good growth" this year due to the increasing number of aircrafts being built.
Weapons investing is ‘ethical’, says Sunak. Is he right? April 24, 2024 Prime Minister Rishi Sunak has defended the private sector investing in the weapons industry as "ethical", as an argument rages over whether sustainable investing can align with the global war industry.
Rishi Sunak urges restraint after Iranian attack on Israel April 15, 2024 Rishi Sunak will urge Israeli counterpart Benjamin Netanyahu to show restraint in response to Iran’s missile attack.
Why Britain should be spending 3 per cent of GDP on defence April 9, 2024 Fiscal rules must not outweigh our defence priorities – we are facing war and we should be spending like it, says Paul Mason Momentum is building for an increase in UK defence spending. Last week saw the launch of a cross-party “defence pledge”, calling on the government to raise the MOD’s budget from 2.2 per [...]