The government has intervened in a US firm’s takeover of defence and aerospace company Cobham, citing national security concerns. The takeover of Cobham by Advent International has been postponed pending an intervention notice, with the government citing national security concerns. The Competition and Markets Authority (CMA) will investigate the takeover and ...
Lockheed Martin is joining forces with Airbus to explore aerial refuelling opportunities for the US defence sector. It is thought that this joined up approach will allow the two giants to pool knowledge and experience to address an apparent shortfall in aerial refuelling capability. The move will also ensure that the ...