The £4bn takeover of the FTSE 250 defence manufacturer Cobham is being resisted by a family shareholder, according to a report in The Times, amid fears about the 'hollowing out' of the UK's defence manufacturing base.
Undoubtedly, the manufacturing sector is facing change and uncertainty, but it’s also seeking to take control of its own destiny. A new report from Sage, ‘Riding the wave of uncertainty: how process manufacturers are planning for a brighter future,’ discusses the issues, and offers several reasons to be hopeful for the future.
The UK is in the top tier of the global aerospace industry, a position it owes in part to the expertise of smaller firms in the supply chain, such as Coventry’s Arrowsmith Engineering. Maddy White reports.
With economic uncertainty and unresolved Brexit issues on the horizon, it’s a troubling time for the UK’s aerospace industry. The Manufacturer sat down with Paul Everitt, chief executive of ADS, to discuss some of the key issues, and how we can choose the right path to ensure stability.
Each month, The Manufacturer explores a section of the latest Annual Manufacturing Report, which gauges the mood of leadership teams on issues such as Skills & Training, Government Policy & Industrial Strategy, and Finance & Investment. This month, we look at Growth & Exports.