Defence
- BusinessAOL
The two biggest winners from the Autumn Statement
George Osborne's Autumn Statement was "a masterclass in budgetary theatrics", with an "amazing cuts U-turn", according to gushing responses in the press today.It might have made for good politics – and the
3-min read - NewsAOL
UK's fighter jet can't fly in bad weather
The UK's new £150m F-35 stealth fighter jet - also known as the Joint Strike Fighter or Lightning II - could be delayed after concern its fuel tanks could explode if hit by lightening. The F35, ordered from the US, was supposed to enter UK
- BusinessAOL
Back £28bn merger, bosses urge
@homepage-headlines The chief executives of Britain and Europe's largest defence and aerospace firms have issued a plea for political support for their proposed £28 billion merger, saying now is the time to do it. Ian King, chief
- BusinessAOL
Defence firm suffers new setback
One of the UK's biggest defence firms has warned of a £15 million hit to profits after a deal to help the US military with landmine clearance became its latest contract to suffer delay. Chemring said the equipment, which fires lines charged
- PoliticsAOL
Staff sacked while MOD splurges on kit
The MOD's priorities appear odd: it's axing 22,000 staff while £6bn worth of taxpayer funded equipment lies around unused, according to new figures from The National Audit Office (NAO). Billions of pounds have been spent on surplus army
- NewsAOL
RAF Northolt 'may be sold to property developers'
Steve Parsons/PA Wire New plans considered by defence chiefs to help relieve budget shortfalls have cited the possibility of selling off one of the forces' most celebrated airfields - RAF Northolt. The oldest of the Air Forces'
- BusinessAOL
£40m in bonuses for MoD desk jockeys
If you ever fancy being shot at by the Taliban, remember that the basic salary of a new recruit in the Army is £17,225 with any sort of pay rise stuck at 1% for the next two years. It's something you need to think about while you digest