With its shares up 45% following its market debut on the AIM market of the London Stock Exchange, TEK4 is expanding its specialist engineering business, designing and manufacturing advanced drilling technology for aerospace and defence, with a second production facility.
A proposed ten-year research programme could strengthen UK aerospace manufacturing, support thousands of skilled jobs and position domestic suppliers for the next generation of single-aisle aircraft.
With the first live-firing of its Adaptable Deck Launcher, BAE Systems has demonstrated a scalable missile launch solution that doubles critical combat capabilities for US Navy and allied fleets, enhancing survivability and firepower through rapid, deck-mounted deployment.