Defense and Aeronautics (DLS01)

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Latest ShareCast News

Qinetiq shares slump on profit warning after contract delays

By Frank Prenesti

Date: Monday 17 Mar 2025

(Sharecast News) - Shares in QinetiQ slumped by a fifth on Monday as the UK defence contractor said it would take a £140m impairment charge amid persistently tough market conditions, hitting its UK and US divisions and resulting in further delays to a number of contract awards.

Sunday newspaper round-up: BP, Defence, Tesla

By Alexander Bueso

Date: Sunday 09 Mar 2025

(Sharecast News) - Hedge fund Elliott wants BP to let go its petrol stations and move aggressively to improve its performance. BP management is preparing for a push in that regard by the activist investor. Elliott has already expressed its dissatisfaction with BP boss, Murray Auchincloss's move away from green projects and £10bn in additional investment in oil. - The Financial Mail on Sunday

Rolls-Royce CEO's pay drops by almost £10m

By Josh White

Date: Thursday 06 Mar 2025

(Sharecast News) - Rolls-Royce chief executive officer Tufan Erginbilgic saw his pay package drop by nearly £10m in 2024, it emerged on Thursday, despite leading the company through a dramatic financial turnaround.

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