Topic
DefenceSpending
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- World
Rolls-Royce and BAE Systems raise profit forecasts
Rolls-Royce has raised its 2024 profit forecast to between £4.7bn and £4.9bn, while BAE Systems upgraded its profit outlook to a 10-12% rise. Both companies cited increased government spending on defence systems as the primary driver for the improved financial guidance.
3 min readTrust 42 · Craft 55 · Hype 30 
WorldRolls-Royce and BAE Systems Boost Outlook on Defence Spending
Rolls-Royce and BAE Systems have upgraded their 2026 profit outlooks, citing increased global defence expenditure. Strong half-year earnings and revenues have contributed to the positive financial performance for both FTSE 100 companies.
3 min readTrust 30 · Craft 45 · Hype 55
WorldDefence Spending: £8.4bn Submarine Investment Announced
Prime Minister Andy Burnham has announced an £8.4 billion investment in Dreadnought-class nuclear submarines. Defence Secretary Wes Streeting cautioned that committing to higher defence spending targets without a clear funding plan could lead to significant financial consequences.
3 min readTrust 42 · Craft 55 · Hype 35- World
Burnham launches £31bn submarine programme phase
Prime Minister Andy Burnham is launching the next phase of the £31bn Dreadnought-class submarine replacement programme in Barrow-in-Furness. New contracts totalling £8.4bn are expected to create 18,000 jobs by 2030 and 22,000 apprenticeships by 2035.
3 min readTrust 42 · Craft 55 · Hype 15 
WorldBurnham ready to challenge Trump on national interest
Prime Minister Andy Burnham has indicated he would challenge Donald Trump if it served Britain's national interest, describing his initial interaction with the US President as 'warm'. Burnham also ruled out an early general election before 2029, focusing instead on national recovery.
3 min readTrust 42 · Craft 85 · Hype 15- World
BAE Systems Boss Warns of UK Complacency
BAE Systems chief executive Charles Woodburn has cautioned that the UK is too complacent regarding foreign attack risks, citing the highest threat level seen in his lifetime. He warned of adversaries' impending use of autonomous lethal weapons and stressed the need for increased defence spending.
3 min readTrust 56 · Craft 79 · Hype 35