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Engineering

Rolls-Royce wins major MoD contract for RAF Typhoon fighter jets
Armed Forces
Most of the work will take place at the company's 海角视频 defence HQ in Bristol
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Newcastle's Black & White Engineering snaps up Ireland's Homan O鈥橞rien
Deals
The Tyneside firm said the deal opens the door for exciting new opportunities in the region and further international projects
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Rolls-Royce says it's on track to hit nearly 拢3bn profit in 2025 despite ongoing tariff uncertainty
By City AM
The London-listed engineering giant on Thursday held a previously guided underlying profit range of between 拢2.7bn and 拢2.9bn. It is also looking at between 拢2.7bn and 拢2.9bn of free cash flow.
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Severfield to slash jobs amid challenging 海角视频 and European markets
Engineering
The major contractor has also set out reduction in capital expenditure
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The key role Siemens Energy's Newcastle base will play in 海角视频's energy transition
Energy
North East born boss Darren Davidson started his career at the historic CA Parsons Works site and today leads Siemens Energy's 6,500-strong workforce
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Profits double as battery firm Alexander Technologies powers up customer numbers
Engineering
The Peterlee firm says the rise in sales and earnings is driven by an expanding project and customer base
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British Steel ends redundancy consultation following Government rescue
Employment
The Government made the move to direct the company when Parliament was recalled to pass emergency legislation
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Family firm TWR launches 拢2m Sunderland manufacturing facility
Engineering
New jobs have been created through the launch of the new manufacturing facility in Hendon
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Nissan grows STEM skills initiative to inspire young people
Honda
The car maker's Skills Foundation, which launched in 2015, will double its work to reach around 16,000 children a year in the region with a focus on manufacturing, engineering and technology
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Graphene firm could cease to be able to pay debts by May without more funding
Company Results
Versarien said it was in 'advanced discussions' with a third party regarding an equity raise
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New lease of life for vacant former Smith's dockyards as North East firm expands on site
Maritime
海角视频 Docks says 12 jobs have already been created by the move - with the promise of more to come
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Spirax Group reports fall in full-year profits amid restructure
Company Results
The Gloucestershire-headquartered company said the global macroeconomic environment remained 'highly uncertain'
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New 拢6.5m North Tyneside industrial scheme set for market
property news
The huge L7 scheme by 海角视频 Land Estates has been created to fill a gap for vacant, high-quality industrial space within the region
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Uber-backed AI startup that could rival Tesla takes on Europe's largest car market
By City AM
Wayve, a startup that develops self-driving car technology, is to open a new hub in Germany as it looks to expand internationally, taking on the likes of Tesla and Waymo
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Versarien completes sale of South Korean factory for more than 拢600k
Deals
The deal was meant to close last July but the buyer asked for an extension on the terms
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Siemens Energy boss tells MPs we must 'stick with the plan' on 海角视频's transition to clean energy
Energy
Darren Davidson, who is Newcastle born and started his career in the city as an apprentice, highlighted the success of the firm's Hull wind turbine blade factory
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Dyer Engineering sets our job creation hopes following recent growth
Engineering
The 182-strong County Durham firm has made a number of changes at the top, including the appointment of Adam Leggett as managing director
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Rolls-Royce shares could rocket 50% after stellar two-year rally, analysts claim
By City AM
Shares in the British engineering giant have risen more than 100 per cent over the past 12 months, helped by a surge in demand for its jet engines and defence technology
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Rolls-Royce shares skyrocket as iconic company brings back dividends
By City AM
The FTSE 100 engineering giant on Thursday proposed a 6p per share dividend for investors in what marks its first payout since before the pandemic
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Visualsoft job losses made in year of transformation following profit fall
Creative & Digital
The firm, which has bases in Newcastle, Manchester and Stockton-on-Tees said its recent accounts year was 'one of significant transformation'
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Bristol office block welcomes first tenants after 拢13m refurb
Offices
3 Rivergate is located near to Temple Meads station in the city centre
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North East deals of the week: key contracts, investments and acquisitions
Deals
Companies featuring in this week's round-up include Barbour, JK Lifting, Simply Certification, Vielo Sports and Petards
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Major manufacturer Olympus Global to create new jobs through plans for 拢2m North East base
property news
The County Durham warehouse would become the company's fifth, alongside its head office in the Midlands and bases in Spain and Hungary
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Gooch & Housego warns of price rises in response to Trump's proposed tariffs
Exports
The London-listed components business said it was also 'alert' to supply chain disruption from China
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