BAE Systems is to take a 50 per cent holding in Diamond Detectors, a subsidiary company set up by Element Six to manufacture innovative diamond detectors and sensors.
Rolls-Royce has signed contracts worth more than $64m to supply RB211-powered gas compression packages to Shell, ExxonMobil and Woodside Energy.
UK collaboration could lead to a car exhaust trap that is able to reduce pollutants and provide an onboard fuel source. Siobhan Wagner reports
Britain will add value to its thriving space sector if sites for vertical and horizontal launches from UK soil come to fruition.
REpower Systems has signed a contract to deliver 42 wind energy turbines with a total output of 84MW to Enel – the biggest utility in Italy.
Ford of Europe intends to increase capacity of its St. Petersburg Assembly Plant and to start building the new Ford Mondeo for the Russian market.
Clipper Windpower has confirmed that it is to construct a factory in the Neptune Estate in Tyne to build the biggest offshore wind turbine blades in the world.
Finning (UK) Ltd, the UK distributor for Caterpillar equipment, has agreed to sell its materials handling division to US company, Sammons Enterprises for £85m.
Scottish and Southern Energy has been granted consent by Scottish ministers to develop a wind farm with a total capacity of up to 456MW.
Raytheon has been awarded an initial $14m contract to supply 650 Enhanced Position Location Reporting System (EPLRS) networked data radios to the Department of National Defence of Canada.