UK Export Finance (UKEF) has provided financial backing that has enabled Somerset-based SRT Marine Systems to secure two major overseas contracts worth around €350M. The agreements, with Indonesia and Kuwait, will see the delivery of the company’s advanced maritime surveillance technologies and mark a significant boost for the UK’s defence ...
The Ministry of Defence has confirmed the first wave of projects under its new Programmatic Approach to Single Living Accommodation (SLA), with nearly 1,800 new bedspaces now allocated for construction. The Defence Infrastructure Organisation (DIO) has awarded work across a network of contractors forming the SLA Alliance, which will deliver 16,000 ...
On the factory floor of Wall Colmonoy’s South Wales facility, engineers are making final preparations for what will soon become one of, if not the most advanced commercially available equiaxed vacuum casting furnaces in the UK. Behind this lies a transformative vision for UK defence as for the first time, ...
The UK Government is investing in defence and clean energy to protect existing jobs and create thousands more, while keep the UK secure. Increasing defence spending to 2.6%, could lead to around 0.3% higher GDP in the long run, equivalent to around £11Bn of GDP in today’s money, according to ...