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Latest defence & aerospace news
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EADS lifts sales and profit forecasts
Europe's biggest aerospace and defence group adds further weight to signs of a global industrial upturn after raising its sales and profit projections for the year, in spite of recording a 51 per cent fall in net profits for the first half
Cabinet clash on Trident
Chancellor publicly confirms that the Ministry of Defence would carry the full £20bn costs of renewing the Trident nuclear deterrent
Rolls-Royce lifts guidance as order book expands
Order activity in many markets remained subdued but Rolls-Royce still secured orders worth £5.9bn in the first half, increasing its total order book to £58.4bn. About £17.9bn of the order book related to service contracts
BAE bullish on UK defence market
The country's biggest manufacturer swings back into profit, helped by its strong support and services operations, and still sees 'a lot to play for' in the sector despite looming cutbacks
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