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Mon, 24th Oct 2016 07:29
(ShareCast News) - Highlighting the importance of stock selection in the defence sector, Berenberg shone a spotlight on increasing margin pressures in coming years and downgraded Qinetiq to 'sell', upgraded Ultra Electronics to 'buy' and reiterated a 'sell' on Cobham. Berenberg, which also kept its
Read more** European defence cos Thales and BAE Systems up over 1.5 pct and 2nd and 3rd top gainers on Stoxx 600 industrial goods & services index after JP Morgan Cazenove backs cos ** Brokerage says rising U.S. & European defence spending due to events in the Middle East and related refugee crisis
Read more* One of 2015 deliveries did not happen due to May crash * Talks continuing on delivery of replacement * Delays seen in two planned 2016 deliveries (Adds Airbus comment) By Tulay Karadeniz ANKARA, Jan 8 (Reuters) - Deliveries of two Airbus A400M military transport planes
Read moreANKARA, Jan 8 (Reuters) - Deliveries of two Airbus A400M military transport planes to Turkey in 2016 are expected to be delayed and talks are ongoing on delivery of a replacement for one that crashed on its maiden flight last year, a defence official told Reuters. Ankara signed a deal for 1
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