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Victrex targets ÂŁ250m cash flow as five-year PEEK turnaround takes shape
Victrex is targeting approximately ÂŁ250 million of cumulative levered free cash flow through FY31 and plans to return at least 75% to shareholders as a new management team attempts to restore margins and organic growth.
DroneShield lands US$500m counter-drone procurement vehicle as US expansion accelerates
DroneShield Limited has secured access to a three-year US$500 million procurement vehicle supporting the United States’ Domestic Shield counter-drone initiative, strengthening its position in a rapidly expanding defence market while leaving the eventual revenue contribution dependent on future task orders.
Tiger Logistics Q2 test deepens after 49% revenue growth fails to lift profit
Tiger Logistics (India) Limited has closed its trading window ahead of Q2 FY27 results after a striking Q1 divergence in which revenue surged 48.8% but profit fell 53.9%, putting margins, PSU logistics contracts and FreightJar-led digitalisation under sharper scrutiny.
Redwire (NYSE: RDW) gains after Space Systems Command selects it for $980m NITE-STAR programme
Redwire shares have edged higher since joining a US Space Systems Command contract vehicle worth more than $980 million, but the award is shared among 15 vendors and investors should distinguish potential ceiling value from booked revenue.
ZenaTech revenue jumps 316% as Drone as a Service acquisitions reshape growth story
ZenaTech revenue jumped 316% as its drone services business expanded rapidly. Find out why acquisitions, losses and defense growth matter next.
Powerful US nor’easter leaves one dead as Northeast faces flooding, outages and travel chaos
A powerful nor’easter killed one and flooded the Northeast as outages and travel chaos spread. See when the storm will finally move out.
FTAI Aviation expands engine supply chain with 27-aircraft WestJet Boeing 737 deal
FTAI Aviation acquired 27 WestJet Boeing 737-700s in a major fleet deal. Find out how the aircraft could fuel its engine growth strategy.
National Healthcare Properties accelerates senior housing pivot with $531m medical property sale
National Healthcare Properties is selling 40 medical facilities for $531 million. Find out how the deal reshapes its senior housing strategy.
Harworth Group (LSE: HWG) reaches 187p as board accepts Peel’s £632m final takeover offer
Harworth Group’s takeover fight appears close to resolution after Peel Holdings lifted its proposal to a best-and-final 187p per share, secured enough additional stock to move beyond 52% upon settlement and finally won the board’s recommendation.
Welspun Corp (NSE: WELCORP) hits record high after $412.5m US order lifts backlog to $4.7bn
Welspun Corp has secured the largest HFIW pipe order in its US subsidiary’s history, pushing the global order book to approximately ₹45,000 crore and extending a stock rally that has already transformed valuation expectations.