Summary: ADS has released a 2015 manifesto calling for Government to invest in the UK’s aerospace, defence, security and space sectors as a means of ensuring the nation’s global recovery. The UK’s defence, aerospace and security sectors are some of the nation’s most valuable and, if given proper investment and
Summary: Contracts to upgrade the radar capabilities of the four-nation Eurofighter Typhoon aircraft project have been awarded to companies across the UK. Combined, the contracts to upgrade the aircraft to active electronically scanned array (AESA) radar will have a total value of 1 billion Euros (£800m). Contracts awarded A contract
Details of £1.1bn worth of defence spending are to be unveiled by Prime Minister David Cameron.
The MOD has said that the UK’s defence forces are ‘formidable’ and that cuts to budgets have not affected military standards or capabilities.
Prime Minister David Cameron has stated that the UK is in with a chance of securing lucrative defence contracts with the United Arab Emirates.
European aerospace group EADS is planning to cut jobs and costs in its defence division following continued reductions in worldwide defence spending.
The world’s aerospace and defence industries have been some of the best performing sectors over the past two years, almost doubling since mid-2011, in spite of major cuts to the sector in both the UK and the US in recent years.
BAE Systems has reported a fall in profits, blaming delays over a major Saudi Arabian contract and weak global demand. The company is reporting a re-tax profit reduction of more than 6%, from £1.47bn last year to £1.37bn. The company was formed in 1999 and is one of the world’s
Officials have until 5pm today (10 October) to reach a deal regarding the merger between BAE Systems and EADS. It is believed that an extension to the deadline is being sought on the £28 billion deal which will create the world’s largest defence and aerospace organisation, as politics between the
Following recent announcements of a proposed merger between BAE Systems and EADS NV and despite the government’s initial support of the move, pressure is beginning to mount on both companies to prove that the merger will actually benefit defence business. The planned merger will create a global aerospace and defense
The current headlines of armed forces job cuts may not inspire confidence in the modern day defence industry but the military has always been at its most innovative and resilient and discovered its greatest strengths during times of trouble. There are problems with the austerity budget – Committee of Public
Semta and ADS get active on industry defence skills Semta, the sector skills council for science, engineering and manufacturing technologies, has formed a strategic partnership agreement with A|D|S, the aerospace, defence and security trade organisation. “Semta’s job is to make identifying and tackling skills shortages easier for employers, stakeholders and
Yesterday’s Strategic Defence and Security Review (SDSR) announcement has set out the Coalition Government’s plan for the future of UK defence, at home and abroad. First to go was the £14bn Defence Training Rationalisation project (DTR), which Defence Secretary Liam Fox announced in statement to Parliament. Dr Fox said: “The
As Defence Secretary Liam Fox outlined to industry at Farnborough 2010: “The current Defence programme is entirely unaffordable….The fiscal realities will unavoidably limit the amount of money the Government has available for Defence procurement in the years ahead.” In other words, the forthcoming SDSR will mean cuts in defence spend
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