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Share Price: 4.65575
Bid: 4.4705
Ask: 4.841
Change: -0.09025 (-1.90%)
Spread: 0.3705 (8.288%)
Open: 4.746
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Prev. Close: 4.746
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18 Jul 2016 21:22

UK lawmakers back renewal of nuclear weapons system

LONDON, July 18 (Reuters) - British lawmakers voted by 472 to 117 on Monday to back the renewal of the country's ageing nuclear weapons system, a multi-billion pound project regarded as key to maintaining its status as a world power following its vote to leave the European Union. Parliament

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17 Jul 2016 23:01

British lawmakers to vote on renewing Trident nuclear deterrent

LONDON, July 18 (Reuters) - Lawmakers will vote on Monday on whether to renew Britain's nuclear deterrent, a key decision for Western security policy, which partly hinges on Britain as one of western Europe's only two nuclear powers. Parliament, where the Conservatives have a majority of 16

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14 Jul 2016 16:57

CORRECTED-Bond yield slump, low rates highlight UK pension shortfall risks

(Corrects paragraph 3 to say size of deficits exceeds 40 percent, not 50 percent) * Falling bond yields push UK pension deficits to record levels * Investors may be at risk from cash calls, analysts warn * FTSE 350 pension deficits: http://reut.rs/29DEudU * UK gilts and co

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11 Jul 2016 16:46

AIRSHOW-Raytheon upbeat on prospects for Patriot air defence system

By Andrea Shalal FARNBOROUGH, England, July 11 (Reuters) - Raytheon Co on Monday said it saw bright prospects for continued sales of its Patriot air defence missile systems, citing strong interest among its 13 operator countries in adding a 360-degree AESA radar to their existing systems.<

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11 Jul 2016 15:00

REFILE-Global bank messaging system calls in help to bolster cyber defences

(Refiles to include stock exchange code for BAE Systems in para 2) By Huw Jones LONDON, July 11 (Reuters) - SWIFT, a messaging system used by banks across the world, announced further steps on Monday to bolster its defences against hackers, after criminals sent fraudulent payment ins

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11 Jul 2016 11:39

UPDATE 2-Cameron says UK must stay close to the EU after Brexit

(adds comments from defence companies and Pentagon) FARNBOROUGH, England, July 11 (Reuters) - Prime Minister David Cameron said it was in Britain's fundamental interest to remain very close to the European Union when it renegotiates a new relationship with the bloc it voted to leave in a re

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11 Jul 2016 10:30

AIRSHOW-Pentagon unveils new cost-cutting initiatives for F-35 fighter jet

By Andrea Shalal FARNBOROUGH, England, July 11 (Reuters) - The U.S. Defense Department on Monday extended by two years a project that has cut the cost of Lockheed Martin Corp's F-35 fighter plane by more than $1 million per jet, and kicked off a similar project to cut operating and mainten

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11 Jul 2016 10:30

AIRSHOW-Brexit should not fundamentally alter strong U.S.-UK ties-Pentagon

FARNBOROUGH, England, July 11 (Reuters) - Britain's vote to leave the European Union is not expected to fundamentally alter its ties with the U.S. military or weapons-related trade, the Pentagon's chief arms buyer said. U.S. Defense Undersecretary Frank Kendall said it was too early to asse

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11 Jul 2016 09:05

BAE, Rolls look to navigate way through Brexit fallout

LONDON, July 11 (Reuters) - BAE Systems and Rolls Royce will navigate their way through the uncertainty created by Britain's vote to leave the European Union, the country's two biggest aerospace firms said on Monday. Britain hosts the biennial Farnborough Airshow this week which draws BAE a

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10 Jul 2016 23:49

German ministry sees possible delay in signing missile defense contract

LONDON, July 10 (Reuters) - Germany may not finish negotiations with Europe's MBDA and Lockheed Martin Corp on the MEADS missile defence system by the end of the year as planned, according to a document sent to lawmakers by a senior German defence ministry official. The document, dated Jul

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8 Jul 2016 00:38

UPDATE 1-U.S. Air Force upbeat on first combat-ready F-35 squadron

(Adds Air Force quotes, details, background) RAF FAIRFORD, England, July 7 (Reuters) - The U.S. Air Force said on Thursday it expected to declare an initial squadron of Lockheed Martin Corp F-35 fighter jets ready for combat in coming months, as planned, underscoring the growing maturity of

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7 Jul 2016 13:40

UPDATE 1-Lockheed sees deal soon with Pentagon for 160 more F-35 combat jets

(Adds further details) By Andrea Shalal RAF FAIRFORD, England, July 7 (Reuters) - Lockheed Martin Corp said on Thursday it expected to reach an agreement soon with the U.S. Defense Department about contracts for the next 160 F-35 radar-evading fighter jets, two long-awaited deals valu

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7 Jul 2016 12:18

Lockheed sees deal soon with Pentagon for 160 more F-35 fighter jets

RAF FAIRFORD, England, July 7 (Reuters) - Lockheed Martin Corp said on Thursday it expects to reach an agreement soon with the U.S. Defense Department about contracts for the next 160 F-35 fighter jets, a deal valued at around $15 billion. Jeff Babione, Lockheed's F-35 programme manager, to

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7 Jul 2016 12:06

Lockheed says on track for first combat-ready U.S. Air Force F-35

RAF FAIRFORD, England, July 7 (Reuters) - Lockheed Martin Corp's F-35 fighter jet programme is on track for the U.S. Air Force to declare an initial squadron of jets ready for combat between August and December, a senior Lockheed official told reporters on Thursday. Jeff Babione, Lockheed's

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25 Jun 2016 10:10

India clears deal to buy 145 artillery guns from BAE Systems

NEW DELHI, June 25 (Reuters) - India's defence procurement agency has cleared a proposal to buy 145 M777 Ultra Lightweight Howitzer artillery guns from BAE Systems in a deal worth an estimated $750 million, a defence ministry source said on Saturday. Under the deal, 120 of the 145 guns will

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