Cobham wins order from NATO
Defence technology group Cobham has been awarded an order to supply NATO forces with leading-edge vehicle mounted Improvised Explosive Device (IED) detection equipment.
Defence technology group Cobham has been awarded an order to supply NATO forces with leading-edge vehicle mounted Improvised Explosive Device (IED) detection equipment.
The £16m deal will be completed by Cobham's Antenna Systems this year.
Fred Cahill, VP Cobham Antenna Systems, said: "Cobham will deliver enhanced Counter-IED detection capabilities, which can be safely deployed from within the protection of mine-resistant ambush-protected vehicles. These advanced systems are designed for the most demanding military requirements and complements existing technology which Cobham provides to protect lives and livelihoods."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
NR
-
British Airways revamps Avios scheme bringing down flight prices to £1
With the new Avios part-payments scheme you can now bag a British Airways flight for as little as £1
By Oojal Dhanjal Published
-
RBS to close a fifth of branches
Royal Bank of Scotland plans to shut 18 branches across Scotland, resulting in the loss of 105 jobs. We have the full list of closures.
By Ruth Emery Published