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Aerospace, defence industry backs Britain's EU membership -survey

Sun, 03rd Apr 2016 08:00

LONDON, April 3 (Reuters) - The majority of Britishaerospace, defence, security and space companies believe thatthe country should stay in the European Union, the latestbusiness group to come out in favour of staying in the bloc.

The economic impact of a 'Brexit' is one of the key issuesfor voters ahead of a referendum on Britain's EU membership onJune 23.

ADS Group, the industry body for aerospace, defence,security and space companies in Britain, said that 70 percent ofits members believe it would be better for their business if thecountry stayed in the EU.

"Our members recognise the benefits of the UK remaining partof the EU; access to integrated European supply chain; R&Dfunding which enables the UK to compete globally, and theability to influence and shape EU regulation," ADS ChiefExecutive Paul Everitt said.

The industry's view echoed the comments of bosses at morethan a third of Britain's biggest companies including major oilfirms Shell and BP and its largest telecomsgroup BT who warned in February that leaving the EU wouldput jobs and investments at risk.

Some companies do, however, favour an exit from the EU. Thecampaign for Britain to leave the EU has been backed by 250business leaders including the former chief executive of HSBC,the Vote Leave group said in March.

Members of the ADS group employ 310,000 people in Britainand generate 31 billion pounds in exports for the country. The survey was carried out in February and March, ADS said.

Planemaker Airbus, which employs 16,000 people inBritain building wings for its aeroplanes amongst otheractivities, said in February that its British operations wouldbe less competitive if the country voted to leave the EU. (Reporting by Sarah Young; Editing by Clelia Oziel)

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8 Mar 2018 11:42

UPDATE 1-Dassault Aviation voices Brexit concerns as it posts higher profits

* Delays in UK/France drone project -Trappier * Dassault Aviation posts higher 2017 profits * Dividend up to 15.30 euros, 8 -

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16 Feb 2017 17:16

UPDATE 4-Austria sues Airbus over alleged Eurofighter fraud

* Austria accuses Airbus of wilful deception, fraud * Relates to 2 bln euro order for Eurofighter jets * Airbus says denies accusations vigorously * Austria sees potential damages of up to 1.1 bln euros (Adds Airbus statement, details from press conference) By Kirsti Kno

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16 Feb 2017 09:39

Austria sues Airbus, Eurofighter consortium over suspected fraud

VIENNA, Feb 16 (Reuters) - Austria filed a lawsuit on Thursday against Airbus and the Eurofighter consortium, alleging them of wilful deception and fraud linked to a 2 billion euro ($2.1 billion) order for Eurofighter jets in 2003, the defence ministry said. A recently completed ministry in

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16 Feb 2017 05:38

Austria to sue Airbus over suspected Eurofighter fraud - APA

VIENNA, Feb 16 (Reuters) - Austria's defence ministry is set to file a lawsuit against Airbus accusing the group of wilful deception and fraud linked to a 2 billion euro ($2.1 billion) order of Eurofighter jets in 2003, APA news agency said on Thursday. A recently completed ministry investi

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14 Feb 2017 17:20

Rolls-Royce weighs on FTSE 100 after five-day advance

* Rolls-Royce posts record reported loss * TUI jumps on improved results * Banks supported by hawkish Yellen comments (Adds closing prices, details) By Kit Rees LONDON, Feb 14 (Reuters) - Britain's top share index ended slightly lower on Tuesday, pausing after a five-day

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14 Feb 2017 10:08

Rolls-Royce loss lies heavy on FTSE 100

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * Rolls-Royce posts record reported loss * TUI jumps on improved results By Kit Rees LONDON, Feb 14 (Reuters) - Britain's t

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13 Feb 2017 17:04

UPDATE 1-Germany to buy six MKS-180 multi-role warships - ministry

(Adds details, cooperation with Norway) BERLIN, Feb 13 (Reuters) - German Defence Minister Ursula von der Leyen has decided to buy six MKS-180 multi-role warships instead of putting off a decision on two of those ships until 2030, her spokesman said on Monday. The ministry decided las

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13 Feb 2017 15:20

Germany to buy six MKS multi-role warships - ministry

BERLIN, Feb 13 (Reuters) - Germany's Defence Ministry has decided to buy a total of six MKS-180 multi-role warships instead of four, as initially planned, a ministry spokesman said Monday, without providing a new cost estimate for the programme. The ministry decided last October to delay a

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10 Feb 2017 18:54

UPDATE 1-BAE, Northrop, SAIC, others in $3.04 bln U.S. defense contract

(Adds Raytheon) WASHINGTON, Feb 9 (Reuters) - A group of companies including subsidiaries of BAE Systems, Northrop Grumman Corp , Science Applications International Corp, Teledyne Technologies Inc and KBR Inc will share in a $3.04 billion missile defense contract, the Pentagon said on Thurs

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10 Feb 2017 17:51

German, Dutch militaries agree to deepen cooperation -source

By Andrea Shalal BERLIN, Feb 10 (Reuters) - The German and Dutch militaries have agreed to further deepen defence cooperation this year by putting a German short-range air defence unit under the command of the Dutch military, a source familiar with the plans told Reuters on Friday.

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9 Feb 2017 22:47

BAE, Northrop, SAIC, others in $3.04 bln U.S. defense contract

WASHINGTON, Feb 9 (Reuters) - A group of companies including subsidiaries of BAE Systems, Northrop Grumman Corp , Science Applications International Corp, Teledyne Technologies Inc and KBR Inc will share in a $3.04 billion missile defense contract, the Pentagon said on Thursday. The order-d

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8 Feb 2017 00:00

UPDATE 2-Airbus strategy chief Lahoud to leave European group

(Adds background) By Tim Hepher PARIS, Feb 7 (Reuters) - Airbus strategy chief Marwan Lahoud, one of the founders of Europe's largest aerospace group and its M&A czar for the past decade, is leaving the company at the end of February, Airbus said on Tuesday. His successor was no

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3 Feb 2017 16:32

UPDATE 1-Lockheed to announce $8.5 billion F-35 order on Friday-sources

(Adds background, graphic) By Mike Stone WASHINGTON, Feb 3 (Reuters) - The U.S. Department of Defense and Lockheed Martin Corp are set to announce a deal worth about $8.5 billion for 90 F-35 jets on Friday, people familiar with the talks said. The deal for the tenth batch of the

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28 Jan 2017 14:30

Britain, Turkey sign defence deal to develop Turkish fighter jet

ANKARA, Jan 28 (Reuters) - Britain and Turkey signed a defence deal worth more than 100 million pounds ($125 million) on Saturday to develop Turkish fighter jets, opening the way to deeper cooperation over the lifetime of the project. In Ankara to strengthen ties with Turkey as she navigate

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24 Jan 2017 13:00

REFILE-EXCLUSIVE-Germany nears decision to beef up short-range air defences - sources

(Fixes dateline to Jan 24. No changes to text) * Defence systems gap has caused concern among NATO members * Procurement programme 460 million euros - source * Germany under pressure from Trump to up military spending By Andrea Shalal BERLIN, Jan 24 (Reuters) - Germa

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