BAE Systems has signed two contracts worth approximately $171 million for its Bofors 40mm and 57mm 3P (Pre-fragmented, Programmable, Proximity- fused) advanced ammunition, in a combined procurement from both the Swedish Defence Materiel Administration (FMV) and the Finnish Defence Forces Logistics Command (FDF LOG COM).

Boeing Defence UK has been awarded a two-year and three-month contract extension, with option to extend by a further three months, worth £16.9 million to continue supporting the Gladiator synthetic training environment.

Saab UK has opened a new site in South West England dedicated to its Training & Simulation business unit. This expansion strengthens Saab’s ability to deliver advanced training solutions to the British Army.

Global financial decision-makers and investors from across the space and financial services industries convened on Wednesday 10th December for the inaugural Global Space Finance Summit at the London Stock Exchange.