Erginbilgiç targets post-2027 growth in bid to turn FTSE 100 engineer around for the long-haul
FTSE 100 group resumes dividend for first time in five years
Chief executive Charles Woodburn is focused on Labour government’s UK defence review
UK engine maker is clearly in a much stronger competitive position than it has been
Budget airline cuts forecast as it hires spare planes to fill holes in flight schedules
UK engineering group also lifts profit forecast as recovery under chief executive Tufan Erginbilgiç takes hold
Veteran aerospace executive arrives as manufacturer faces battles over labour and safety
Former Rockwell Collins head will replace Dave Calhoun at the crisis-hit aircraft maker
Results come as aerospace group held exploratory talks with Thales about merging some of their space activities
Orbex boss questions new funding for German start-up as executives call for investment to boost national projects
But Brazilian group’s CEO leaves option open to take on Airbus and Boeing with a larger plane
Conglomerate’s CFO says its capacity far exceeds government orders and rival state-owned producers are ‘inefficient’
Micael Johansson says region’s industrial strategy should have backing of €100bn rather than the €1.5bn envisaged
Roberto Cingolani says ‘fourth partner could be very convenient’ for Global Combat Air Programme
Manoeuvre marks further deepening of military co-operation between Moscow and Beijing
New defence secretary John Healey promises to ‘reset’ the country’s relations with European allies
US group expects working through built-up F-35 inventory to take several quarters after deliveries resume
Tufan Erginbilgic says crunch could persist for another two years
Defence review has raised questions about whether GCAP programme will be axed on grounds of cost
Supply chain disruptions and labour shortages continue to hamper production
Extensive satellite use in Ukraine conflict underlines sector’s strategic importance
Many European and US companies are hesitant about having a significant local manufacturing presence
Rheinmetall chief Armin Papperger says German government providing ‘great level of security’
Compromising on product safety to pursue profit gains isn’t just bad for society
Also in this newsletter: What the reshuffle of Europe’s far right means for Giorgia Meloni