Defence group Cobham today said it was boosted by a $1.2 billion (£733 million) contract to make intercom systems for US Army vehicles as revenue in the first nine months of 2009 grew “strongly”.
It said its military and government businesses had “performed well”, taking its order book to £2.5 billion.
Chief operating officer Andy Stevens will start as chief executive on 1 January.
Shares of the UK’s two biggest package holiday operators were among the heaviest blue-chip fallers today after one broker decided that their outlook was far from sunny
“The board of British Airways, with fees of £50,000 a year for a part-time director attending seven meetings and all those unlimited first class flights for them and the family, has been one of the most eye-catching City gravy trains. But that train is about to get a lot shorter
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