Babcock International Group PLC has announced that it has entered into an agreement with funds managed by Ancala Partners, a mid-market infrastructure investor, for the sale of certain of its aerial emergency services businesses for a gross cash consideration of €136.2 million (£115 million), subject to closing adjustments and before ...
During the US Defense Department’s Valiant Shield 22 exercise this month, Raytheon Intelligence & Space successfully demonstrated the ability to collect data on a simulated sea-based threat and then share targeting solutions with distributed defense systems across the Western Pacific Ocean – a key test of the company’s Joint All ...
The UK has announced an increased contribution to NATO as the Prime Minister and Defence Secretary attend the NATO summit in Madrid. Defence Secretary Ben Wallace MP said: “We have always been clear that our strength and security comes from our alliances, and NATO is at the heart of that. “The New ...
A new Royal Navy logistics centre in Portsmouth – dedicated to crucial maintenance for HMS Queen Elizabeth and wider naval ships and equipment – has been officially opened. Providing critical support to the UK’s largest and most powerful surface vessels in the Royal Navy, the Queen Elizabeth Carrier (QEC) Forward Logistics ...