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Ultra Electronics bags $21m submarine systems contract
23 Jun 2014

Ultra Electronics bags $21m submarine systems contract

Defence services firm Ultra Electronics said its New York-based EMS Development Corporation business has secured a $21m multi-year contract to produce...

Sector movers: Rolls-Royce cash return lifts aero/defence stocks
19 Jun 2014

Sector movers: Rolls-Royce cash return lifts aero/defence stocks

Aerospace and defence stocks were leading the risers on Thursday after engineering giant Rolls-Royce impressed investors with an unexpected £1bn cash ...

Berenberg sees upbeat aerospace outlook, but Iraq unrest may weigh
17 Jun 2014

Berenberg sees upbeat aerospace outlook, but Iraq unrest may weigh

Defence firms are cashing in on more US budget certainty and civil aerospace prospects remain good, but Iraq unrest could throw the cat among the pige...

Tuesday broker round-up UPDATE
17 Jun 2014

Tuesday broker round-up UPDATE

Aquarius Platinum: UBS cuts target price from 41p to 24p and keeps a neutral rating. BAE Systems: Berenberg initiates with a target price of 455p and...