Rachel Reeves has announced plans to prioritise UK companies and jobs in the government’s commitment to significantly increase defence spending. Speaking to the manufacturing trade body Make UK, the chancellor
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Ursula von der Leyen, President of the European Commission, announced a comprehensive €800 billion plan to bolster Europe’s defence capabilities and address urgent military requirements for Ukraine. The “ReArm Europe”
The value of British and European defence stocks soared as markets reacted to a commitment from European leaders to increase defence spending in light of the Russian threat in Ukraine
Britain’s largest defence contractor BAE Systems has reported extraordinary financial results, driven by escalating global conflicts and mounting geopolitical tensions. The FTSE 100 company’s underlying operating profits surged by more
Labour’s shadow chancellor Rachel Reeves faces the prospect of implementing £12 billion in tax rises if the party wishes to boost defence spending to 2.5% of GDP whilst avoiding severe
The European political landscape faces significant disruption as US officials commence preliminary ceasefire discussions with Russian counterparts in Riyadh, whilst Emmanuel Macron orchestrates a crucial Paris summit of European defence
Sir Keir Starmer is poised to overrule Shadow Chancellor Rachel Reeves on British defence spending following a pivotal security summit in Munich, where US pressure mounted on Ukraine to negotiate
In a significant diplomatic development, former US President Donald Trump and Russian President Vladimir Putin have initiated discussions aimed at ending the three-year conflict in Ukraine, raising concerns about potential
The Mauritian Prime Minister has announced that Sir Keir Starmer is committed to advancing the controversial Chagos Islands sovereignty agreement, notwithstanding American apprehensions regarding Chinese influence in the region. Navin
Donald Trump’s ambitious plan for a comprehensive missile defence shield, incorporating space-based laser technology, has sparked intense debate among defence experts and raised concerns about global nuclear stability. The programme,
The European aerospace sector is preparing for significant trade headwinds as Airbus chief executive Guillaume Faury signals mounting concerns over potential US tariffs under a second Trump presidency. The industry
British defence equipment manufacturer Avon Technologies has clinched a significant $18 million order from the US military for combat helmets. The company’s Ohio-based subsidiary, Team Wendy, secured the contract from
A British artificial intelligence consultancy, Faculty AI, which has maintained close ties with the UK government, is actively developing AI systems for military drones, raising significant questions about the convergence
NATO’s leading military official has delivered a stark rebuke to Western financial institutions, labelling their reluctance to invest in defence as “stupid” amid escalating global security concerns. Admiral Rob Bauer,
The European Union should mirror American approaches by advocating increased local procurement of military equipment to strengthen regional defence capabilities, according to a prominent German defence contractor. Oliver Dörre, chief
Global defence contractors are poised for a significant surge in merger and acquisition activity, driven by expanding cash reserves and an urgent need to invest in cutting-edge technologies including artificial
