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...The chief of Germany’s largest military contractor Rheinmetall has urged European countries to ditch their preference for national champions and build bigger, more specialised defence groups to compete with...
...In his first interview since taking the helm of the Rome-based aerospace and defence group in May, Roberto Cingolani said the Ukraine war had served as a wake-up call for the European industry and companies...
...This principle of “mutual dependence” allowed the group to cut duplication and costs....
It could take years for the company to find its way back to its engineering roots
...And because again, asynchronous starting as the default and you can always escalate back to synchronous voice, synchronous video, synchronous meeting. And people will just try it on for size....
...Share moves to note on the New York Stock Exchange after a busy morning of corporate earnings include GE Aerospace, Kimberly-Clark and JetBlue: GE Aerospace: shares rose 4.5 per cent after the company,...
...Five days into the new year Dave Calhoun, head of the US aerospace group, finds himself returning to crisis management....
...Airbus chief executive Guillaume Faury said the European aerospace and defence group was trying to balance resurgent demand from airlines with a supply chain that was a “world of bottlenecks” with a “lot...
...China’s AutoFlight Group won airworthiness certification from the Civil Aviation Administration of China in late March for the design and parts for its unmanned CarryAll aircraft — a global first for an...
...Its scores of subsidiaries include surveillance equipment group Hikvision, which is also subject to US sanctions....
Discovery threatens wider crisis for aerospace group after plane suffered mid-air blowout
...The European Investment Bank has come under pressure from some EU member states to change its mandate to lend to defence groups....
...Melrose Industries has raised its annual profit forecast even after doubling earnings last year as the FTSE 100 aerospace group rides the global rebound in aviation....
...BAE Systems, Britain’s leading defence group and key supplier of ammunition to the UK’s armed forces, is expected to be among the biggest beneficiaries of increased spending....
...“Parent” groups 3M and GE Aerospace rallied since the separations and ended the week higher, while Solventum and GE Vernova ended their first week of trading in the red....
...The UK aerospace group was hurt badly by the pandemic and the problems with its Trent 1000 engines....
...The group said that its civilian business, which includes car parts and baggage handlers for airports, recorded only “slight” revenue growth last year, adding that sales grew “primarily in business with...
...The Swedish group’s chief Micael Johansson recently told the FT that nitrocellulose was an example of how defence companies would have to build new supply chains in a “multipolar world” where “not only the...
...Thales’s shares are up about 80 per cent since February 2022, compared with a 32 per cent rise for the MSCI global aerospace defence index and a 13 per cent rise for the French blue-chip CAC 40 index....
...Both are made by Israeli defence tech group Rafael. Initial reports from Iranian state media suggested that Israel may have also used small drones or quadcopters rather than missiles for the attack....
...Adani Defence and Aerospace declined an interview request but a person familiar with the Gujarati group’s thinking said: “There is a national agenda on security which we are trying to work towards and see...
...The FTSE 100 group said its aerospace business recorded operating profits of £420mn for the year to the end of December 2023, up from £186mn....
...German industrial group Thyssenkrupp is in advanced talks to sell a stake in its naval unit to US private equity group Carlyle, as investor interest in European defence businesses picks up amid growing geopolitical...
...France is taking the lead on the FCAS via its fighter jet maker Dassault Aviation, while Germany will lead the MGCS project, which involves Franco-German group KNDS and Germany’s Rheinmetall....
Charles Woodburn says major increases in armaments take years as defence group reports record order backlog
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