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
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Frozen thresholds could push ‘tax freedom day’ to latest date this centuryTax freedom day is the point in the year you stop earning for the taxman and start earning for yourself. A rising tax burden could push it to 12 June this year – the latest date since 1982.
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Family left with £20k IHT bill because of out-of-date tax adviceFrozen tax thresholds and dated guidance helped drag the estate into an inheritance tax liability despite extensive use of gifting to avoid a bill
