Cobham wins Lockheed Martin contract
Thrane and Thrane, the Danish satellite communications company recently acquired by UK defence firm Cobham, has been awarded a contract by US aeronautics firm Lockheed Martin for a satellite communication component.
Thrane and Thrane, the Danish satellite communications company recently acquired by UK defence firm Cobham, has been awarded a contract by US aeronautics firm Lockheed Martin for a satellite communication component.
The deal is expected to be worth more than DKr150m (£15.9m) and will see Thrane & Thrane's Aviator 700D product used on a fleet of some 200 US Air Force C-130J Super Hercules military transport aircraft which are being upgraded.
JH
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
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
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
-
Regulator moves to protect access to cash amid branch closures and disappearing ATMs
News The Financial Conduct Authority has told banks to start assessing if local communities have adequate cash access from mid-September
By Marc Shoffman Published
-
VAT hike on private school fees could come earlier than previously expected
The government could start charging VAT on private school fees as soon as January 2025, according to the latest reports. What does it mean for parents?
By Katie Williams Published