Lockheed Martin’s agreement to buy Ultra Maritime for $3.45 billion is, on its face, another large cheque written by the world’s biggest arms manufacturer. Look closer and it reads as
Defence Industry
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Few arguments in British industrial policy are as familiar, or as politically charged, as the one now raging over steel. Ministers insist they are defending a strategic domestic capability from
The symbolism is hard to miss. A Yorkshire engineering business that helped to keep Spitfires in the air at the moment Britain most needed them has been sold to a
The Government has chosen to sell its new defence settlement in the language of urgency and arithmetic. A single number has done much of the work: £15bn. That is the
Andy Burnham arrives in Downing Street confronted not by the luxury of political momentum but by the discipline of arithmetic. Before any government can define itself by reform, renewal or
As the political landscape continues to shift within the corridors of power, Sir Keir Starmer finds himself embroiled in a significant conflict with Andy Burnham, his likely successor as Prime
Babcock International, a prominent player in the UK defence sector, has recently unveiled a concerning financial trajectory, revealing a substantial drop in annual profits. The defence contractor, known for its
As geopolitical tensions escalate across Eastern Europe, a renewed focus on defence strategies has become paramount for European nations. The ongoing conflict involving Ukraine is not merely a distant concern
Kemi Badenoch, the leader of the Conservative Party and former business secretary, has issued an urgent call for a radical economic transformation in Britain, proposing measures that she argues must
As Defence Secretary Grant Shapps takes centre stage in Parliament, the political atmosphere grows ever more charged, with key figures in the Labour Party being pressed to address the pressing
In a landscape marked by escalating geopolitical tensions, the recent resignation of Defence Secretary John Healey has ignited a debate that encapsulates the urgent need for reform in Britain’s approach
In the heart of the current political landscape, the conversation surrounding defence spending has taken a significant turn, one that echoes the collective sentiment of safeguarding the nation. Rachel Reeves,
The United Kingdom’s strategy to aid Ukraine amidst a protracted conflict with Russia has taken a significant financial turn, as revealed by recent disclosures regarding the Ministry of Defence’s substantial
A recent analysis has illuminated the precarious financial landscape surrounding Russia’s defence industry. A significant borrowing binge, fuelled by the ongoing geopolitical tensions, has left many of these companies grappling
One of the prominent donors to the Labour Party has called on Ed Miliband to eliminate the billions of pounds allocated for heat pump subsidies. This suggestion aims to redirect
The British Army is currently facing scrutiny regarding its procurement practices after it was revealed that soldiers have been using Chinese-made 3D printers to manufacture weapons. The Defence Secretary has
