NATO has been urged to rethink its maritime strategy to address the re-emerging contest with Russia for supremacy in the North Atlantic, a paper by one of Europe’s top military think tanks says.
Cobham reported a statutory pretax loss of $1.05 billion as a result of writing down the underlying value of the business — that compared with a £39.8 million loss the previous year.
A declaration to better coordinate maritime patrol aircraft operations and support in the region was signed in London by British Defence Procurement Minister Harriett Baldwin and her US counterpart, Deputy Secretary of Defense Bob Work.
The first of four British military tankers being built in South Korea to support operation of the Royal Navy’s new aircraft carrier force has finally been handed over to the Ministry of Defence.
The industrial policy refresh follows a period when the impact on the British economy of procurement of foreign weapons systems has been in sharp focus after the MoD agreed to multibillion-dollar deals.
Britain’s position as the leading European power in NATO is in jeopardy following its exit from the European Union, potentially affecting the alliance's command structure.
The Royal Air Force's A400M Atlas transport aircraft fleet is to be supported by Airbus Defence and Space in a £410 million ($504 million) deal announced Jan 5.
The new British Ministry of Defence agency will start operations next April with ex-railway construction boss Robert Holden named as the interim chairman.