UK to boost armed forces given threat from 'deadly quartet' LONDON, July 16 (Reuters) - Britain said it would boost its "hollowed out" armed forces to make sure the country was prepared to face what the head of a defence review called a "deadly quartet," comprising China, Iran, North Korea and Russia. The government named George Robertson, the former NATO secretary general, on Tuesday to lead a review of Britain's armed forces which will report back in the first half of 2025. Robertson, a former

UPDATE 5-Germany says it won't be cowed by Russia after reported plot to kill Rheinmetall CEO Adds industry executive on no threat to U.S.-based CEOs in paragraphs 9-10 By Matthias Inverardi, Matthias Williams and Steve Holland DUESSELDORF/WASHINGTON, July 12 (Reuters) - Berlin is taking reports of a plot to assassinate the chief executive of arms manufacturer Rheinmetall RHMG.DE very seriously and will not be cowed by Russian intimidation, the German government said on Friday.

FACTBOX-NATO summit highlights defense deals for RTX, Boeing and others WASHINGTON, July 11 (Reuters) - The NATO summit in Washington showcased a series of significant deals for top U.S. defense companies and others, including RTX RTX.N , Lockheed Martin LMT.N , Boeing BA.N , Norway's Kongsberg Defense KOG.OL and Sweden's SAAB SAABb.ST . Here are some of the weapons procurements that were highlighted, many of which have been in development for months, if not years.

UPDATE 1-Four European nations agree to jointly develop long-range cruise missiles Adds details, quotes, background By Sabine Siebold and John Irish WASHINGTON, July 11 (Reuters) - France, Germany, Italy and Poland signed a letter of intent on Thursday to develop ground-launched cruise missiles with a range beyond 500 km (310 miles), aiming to fill what they say is a gap in European arsenals exposed by Russia's war in Ukraine .

France, Germany, Italy, Poland agree to jointly develop long-range cruise missiles WASHINGTON, July 11 (Reuters) - France, Germany, Italy and Poland on Thursday kicked off an initiative to develop ground-launched cruise missiles with a range beyond 500 kilometres to fill a gap in European arsenals that they say has been exposed by Russia's war in Ukraine.

BRIEF-BAE Systems Gets $111 Million In Contracts July 10 (Reuters) - BAE Systems PLC BAES.L : BAE SYSTEMS AWARDED $111 MILLION IN CONTRACTS TO BRING MODERNIZED, SECURE COMMUNICATIONS TO THE REPUBLIC OF KOREA Source text for Eikon: ID:nBwy1bqTa Further company coverage: BAES.L

Italy - Factors to watch on July 9 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT Treasury to sell up to 8.5 billion euros in bonds at July 11 auction .

Italy to spend 7.5 bln euros on new Eurofighter jets, document shows By Angelo Amante and Giulia Segreti ROME, July 8 (Reuters) - Italy is planning to spend just under 7.5 billion euros ($8.1 billion) over the next 11 years on 24 new Eurofighter jets, according to a document by the Ministry of Defence seen by Reuters on Monday. The procurement will renew the fleet of Italy's air force given the necessary decommissioning of aging Eurofighter and Tornado jets at a time of increased defence spendin

PRESS DIGEST-British Business - July 2 July 2 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Higher interest rates helped to drive a near-doubling of revenues at Revolut to 1.8 billion pounds ($2.28 billion) last year and pushed profits at the fast-growing financial technology company to record levels.

BUZZ-UK's defence and aerospace stocks tumble on Airbus' delivery forecast cut Updates ** Britain's aerospace and defence stocks .FTNMX502010 tumble 2.3% vs a largely flat FTSE 100 .FTSE as France's Airbus AIR.PA warns on profit and downgrades its forecast for deliveries ** Airbus lowered its widely watched forecast for deliveries this year to around 770 jets from around 800 ** Largest index constituents Rolls Royce RR.L and BAE Systems BAES.L down 3.4% and 1.1%, respectively ** Shares of Melros

EUROPE RESEARCH ROUNDUP-Huhtamaki, Ryanair and Wizz Air June 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Huhtamaki, Ryanair and Wizz Air, on Friday. HIGHLIGHTS * B&M European Value Retail BMEB.L : Morgan Stanley cuts to underweight from equal weight * Huhtamaki HUH1V.HE : Barclays raises to overweight from equal-weight * Ryanair RYA.I : Barclays cuts to equal-weight from overweight * Wizz Air WIZZ.L : Barclays cuts to underw

BRIEF-Bae Systems And Globalfoundries Collaborate To Strengthen Supply Of Essential Semiconductors For National Security Programs June 20 (Reuters) - BAE Systems PLC BAES.L : BAE SYSTEMS AND GLOBALFOUNDRIES COLLABORATE TO STRENGTHEN SUPPLY OF ESSENTIAL SEMICONDUCTORS FOR NATIONAL SECURITY PROGRAMS Source text for Eikon: ID:nGNX7jS3s9 Further compan

BUZZ-Surge in European far right hits defence stocks ** Shares in European defence companies are down sharply on fears that an ascendance of the far right in Europe will endanger increased defence spending, ODDO BHF analyst Yann Derocles and a trader have told Reuters ** In Germany, artillery shell- and vehicle-maker Rheinmetall RHMG.DE fell as much 9% at one point, before recovering about half of those losses.

Dutch invest in production of combat vehicles for Ukraine AMSTERDAM, June 7 (Reuters) - The Dutch government will invest 400 million euros ($432 million) in the production of combat vehicles for Ukraine, it said on Friday. The government said it would participate along with Denmark in a Swedish fund aimed at ramping up production of CV90 vehicles, many of which would be manufactured in the Netherlands.

Leonardo executive confident Rome will order new Eurofighter jets BERLIN, June 6 (Reuters) - Rome is set to announce a deal shortly for additional Eurofighter combat jets for its air force, a senior executive at state-controlled defence and aerospace group Leonardo LDOF.MI said on Thursday. The move follows Germany's announcement on Wednesday that it will buy 20 additional aircraft , at a time when members of NATO are increasing defence spending in the wake of Russia's invasion of Ukraine.

UPDATE 2-London stocks fall as political uncertainty, soft economic data weigh For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100, FTSE 250 dip 0.4% each Hargreaves Lansdown surges after rejecting $5.94 billion takeover deal National Grid to raise $8.9 billion via rights issue, shares slump Updated at 1550 GMT By Pranav Kashyap and Purvi Agarwal May 23 (Reuters) - The UK's main stock indexes closed lower for a third consecutive ses

UPDATE 1-Senior's group finance director to retire Adds details from paragraph 2 May 15 (Reuters) - British aerospace engineer Senior SNR.L said on Wednesday its group finance director, Bindi Foyle, will retire in 12 months. Foyle, 51, has been with the company for 18 years and helmed the group finance role since 2017. The Boeing supplier in March posted a 77% jump in annual dividend after its 2023 profit nearly doubled, and said it does not expect any significant impact from the Boeing 737 MAX

Senior's group finance director to retire May 15 (Reuters) - British aerospace engineer Senior SNR.L said on Wednesday that its Group Finance Director Bindi Foyle will retire in 12 months. Reporting by Yamini Kalia in Bengaluru; Editing by Sonia Cheema

UPDATE 1-UK confirms it will build six new warships for Royal Marines Adds background throughout LONDON, May 14 (Reuters) - British defence minister Grant Shapps said he would order up to six new warships for the Royal Marines , as the government starts to indicate where a recently announced rise in defence spending will be directed. British Prime Minister Rishi Sunak announced in April that he would lift defence spending to 2.5% of GDP a year by 2030, saying the British arms industry must be on

BUZZ-Top of the Street: Mondi, Boliden, Akzo Nobel, BAE Systems, Yara A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** 5-star ranked BofA's analyst Benjamin Heelan downgrades British defence company BAE Systems BAES.L to "neutral" from "buy," seeing limited near-term valuation upside after a "very strong run" ** UBS cuts Boliden BOL.ST to "sell" from "neutral," as the broker flags challenges to metal prices and elevated capex risk for the Swedish smelting