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 week 4 days ago
UK pushes to amend EU Syria arms embargo
Britain believes lifting part of arms embargo on Syria will pave way for the transfer of weapons to moderate rebels fighting the Assad regime
Categories: Aerospace and defence
BAE forecasts hit by defence cutbacks
European defence contractor is depending on finally settling on a new price for expanded Salam deal, which is being thrashed out with Saudi Arabia
Categories: Aerospace and defence
US objects to MoD outsourcing plan
The US defence department has raised concerns about the UK’s plan for a private company to manage its £14bn annual procurement budget
Categories: Aerospace and defence
Institutional investors back EasyJet order
Analysts expect the company to place an multi-billion-dollar order for at least 100 aircraft and secure options to purchase a further 100
Categories: Aerospace and defence
Top investors back helicopter lease plan
Soros and Dell join $375m investment in Waypoint Leasing, which supplies helicopters to ferry workers to and from offshore oil and gas platforms
Categories: Aerospace and defence
UK commercial drone project gains altitude
BAE-led consortium tests unmanned aircraft and lobbies regulators to lift controls on their use as UK aims to lead burgeoning global market
Categories: Aerospace and defence
Remote-controlled flight is sedate affair
The FT boldly goes where few trained personnel have gone before, on the only remote-controlled aircraft flying in civilian airspace
Categories: Aerospace and defence
Rolls-Royce aerospace head resigns
Company declines comment on whether Mark King’s surprise departure is connected with a Serious Fraud Office probe into alleged bribery
Categories: Aerospace and defence
Dreamliner grounding hits carriers’ profits
Lost earnings at ANA and Japan Airlines underline the potentially significant scale of the compensation claims that manufacturer Boeing is braced for
Categories: Aerospace and defence
France aims to reduce armed forces
François Hollande’s government will retain the country’s nuclear deterrent but stresses the need for enhanced defence against cyber attacks
Categories: Aerospace and defence
Japan lifts 787 Dreamliner ban
Transport ministry issues a directive lifting the grounding of 22 Dreamliners operated by All Nippon Airways and Japan Airlines, imposed in January
Categories: Aerospace and defence
Bill to introduce US-style plea bargains receives royal assent
Legislation to create corporate plea deals came a step closer, after royal assent for a bill to introduce so-called deferred prosecution agreements
Categories: Aerospace and defence
France moves quickly to cut stake in EADS
Paris acts more rapidly than expected to meet a governance requirement to cut its shareholding in Europe’s largest aerospace group to 12%
Categories: Aerospace and defence
Cool response to MoD procurement plan
A Ministry of Defence plan to outsource procurement of the UK’s military equipment to a private contractor has received a wary response from the industry
Categories: Aerospace and defence
China signs $4bn order for 18 Airbus jets
The deal, signed at the start of an official visit by French President François Hollande, had been held up by a dispute over airline emissions
Categories: Aerospace and defence
Plan to outsource buying of MoD kit
Philip Hammond, defence secretary, is set to announce that he is considering getting a private group to procure Britain’s military equipment
Categories: Aerospace and defence
Northrop maintains outlook as profit falls
The military supplier says it still expects 2013 earnings in a range between $6.85 and $7.15 per share and full-year sales around $24bn
Categories: Aerospace and defence
Why hasty pundits got it wrong on Boston
The marathon bombings illustrate that everything people say on day one of a crisis will usually turn out to be wrong, writes Michael Skapinker
Categories: Aerospace and defence
Boeing beats expectations amid grounding
Aircraft maker’s sales are hurt by Dreamliner troubles but it still reports better than expected earnings and holds a positive outlook for the year
Categories: Aerospace and defence
Finmeccanica takes hit on US electronics arm
Italian state-controlled defence and industrial group reports €786m net loss in 2012, mainly due to goodwill writedowns on US electronics unit
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