Ft.com aerospace and defence feed
The latest aerospace and defence company news from the Financial Times, with expert industry analysis on FT.comThe latest aerospace and defence company news from the Financial Times, with expert industry analysis on FT.com
Updated: 1 hour 5 min ago
Small caps: Porvair buoyed by profits surge
Company sales bolstered by solid performance of its higher-margin metal filtration division
Categories: Aerospace and defence
Indian jet deal proves surprise of the week
Setback for Typhoon offers a lifeline to Dassault’s Rafale and leaves Eurofighter peddling for smaller export contracts in the Middle East
Categories: Aerospace and defence
Israel warns Tehran soon immune to attack
Defence minister Ehud Barak did not say how close Iran was to reaching the “immunity stage”, but pleaded for urgency
Categories: Aerospace and defence
Qinetiq set to meet targets
The defence contractor says it will meet or exceed expectations despite the challenging market in the US and UK, its main customer bases
Categories: Aerospace and defence
Mixed reaction to Ministry of Defence white paper
Defence industry broadly welcomes reforms but Labour attacks vision and unions protest at cuts
Categories: Aerospace and defence
BAE and Tanzania near final deal on payments
Aerospace group is poised to sign a memorandum of understanding that will pave the way for it finally to pay the African country £29.5m
Categories: Aerospace and defence
Dassault deal: a double-edged sword
If Dassault seals a $20bn deal to supply Indian jet fighters, it could delay much-needed sector consolidation
Categories: Aerospace and defence
Cameron to urge India to rethink jet decision
UK prime minister vows to encourage India to reconsider its decision to buy France’s Dassault jet fighter instead of Eurofighter’s Typhoon
Categories: Aerospace and defence
US defence cuts sink Northrop outlook
The US defence contractor reports another drop in quarterly sales, reduces its estimated order backlog and forecasts lower than expected earnings for 2012
Categories: Aerospace and defence
Long-term contracts keep Babcock buoyant
UK defence and services group reports strong three months and says that it expects its full-year results to remain in line with expectations
Categories: Aerospace and defence
Equipment manufacture dogs MoD
Experts warn that buying off-the-shelf does not make sense when talking about big defence procurement programmes
Categories: Aerospace and defence
Ministers to stay out of shipyard debate
The government will not intervene in the contentious decision over whether to close one of the UK’s shipbuilding yards
Categories: Aerospace and defence
MoD will no longer favour UK companies
The only exceptions will be cases where buying British is essential to maintaining national security, says defence procurement minister
Categories: Aerospace and defence
India boost for Dassault as jet is frontrunner
French manufacturer enters exclusive talks as its Rafale beats the Eurofighter Typhoon to be the preferred bidder for $20bn fighter deal
Categories: Aerospace and defence
Russia’s military: modern warfare the Moscow way
Kremlin plans to restore the army’s flagging power reflect a more assertive global posture – but attempts are meeting resistance at home
Categories: Aerospace and defence
India move offers lifeline for Rafale jet
The deal is vindication of Nicolas Sarkozy’s decision to make Dassault his defence industry champion, a move that had started to appear misguided
Categories: Aerospace and defence
Call for manufacturing to play bigger role
Babcock chairman Mike Turner wants to back ‘winners’ with a programme of work to revitalise the production sector and rebalance the economy
Categories: Aerospace and defence
Turner tells of BAE role in ministry
Mike Turner says Jonathan Powell, Tony Blair’s chief of staff, asked him to name his preference for the ministerial post when he was head of BAE Systems
Categories: Aerospace and defence
A defender of plain speaking
Saying what he thinks helps Babcock chairman Mike Turner to sleep at night, writes Peter Marsh
Categories: Aerospace and defence
Labour warns on defence procurement overhaul
Opposition cautions that private-sector involvement in defence procurement risks leading to conflicts of interest
Categories: Aerospace and defence
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more