Goodwin Profits Double Amid Global Defence Spending Rise
· World · The Independent, Economic Times
UK-based defence supplier Goodwin reported a 118% profit surge to £77.5 million, driven by increased military spending. Revenues rose 27% to £280 million, bolstered by demand for submarine and naval components. The firm plans an 18% dividend hike and may sell parts of its mechanical engineering division.
Why it matters
Goodwin's performance reflects booming defence sector opportunities amid global tensions.
Read the original report — The Independent
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