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Outside The Box #6 - Outstanding Arsenal and Hamilton the History-Maker Duke Box
The Serious Fraud Office (SFO) opened its investigation into the activities of Chemring, its subsidiary Chemring Technology Solutions and associated persons in 2018 after the division handed its own report to the SFO.
The firm – which is headquartered in Romsey, Hampshire – said it co-operated fully with the SFO throughout the investigation and is “pleased” the matter is now closed.
“Chemring remains committed to conducting its business in an ethical and responsible manner at all times, and in full compliance with all applicable laws and regulations,” it said.
The company designs and makes products such as decoys, flares, detonators and grenades.
Chemring also develops systems to protect aircraft and ships against missiles, as well as sensor equipment to detect improvised explosive devices.
The group employs around 2,300 people worldwide and has production facilities across the UK, US, Australia and Norway.
Its recent half-year results showed pre-tax profits lifted to £28.9 million in the six months to April 30 from £24.3 million a year earlier as revenues rose 11% to £220.4 million.
Published: by Radio NewsHub
More than half of people in Scotland do not want another independence referendum next year, according to a new poll. First Minister Nicola Sturgeon has announced plans for a second vote on the issue on October 19, 2023. With the UK Government refusing to grant consent for such a ballot to be held, Ms Sturgeon is asking UK Supreme Court judges to rule if Holyrood can hold a referendum without […]
