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 ...
Chancellor Sajid Javid has announced this year’s Spending Round which includes an extra £2.2billion in defence funding. Sajid Javid has revealed the new Spending Round for 2019 which includes extra defence funding and money for public services. The promised funding is being fast-tracked to allow the government to focus on negotiating ...
The Aerospace Technology Institute has launched a competition to find new aerospace design ideas. The government is investing £3.9billion into the UK Aerospace Research and Technology (UKART) programme, including a new competition seeking aerospace design innovations. Entrants can win a share of £150million and can apply for funding if their projects ...
The UK has joined an international maritime security mission lead by the USA to secure trade routes in the Strait of Hormuz. The UK will aim to protect maritime security in the Strait alongside the US navy, securing merchant vessels. The operation will use assets already present in the region to ...