Whiteley firm named in top 10 defence list

Picture: Carey Tompsett/PA Wire

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A FIRM has been named in a list of the top 10 fastest growing aerospace and defence companies in the world.

Chemring, with headquarters in Whiteley, was ninth in PricewaterhouseCoopers’ (PwC) rankings.

Rolls-Royce is the highest placed UK firm in the list of the most successful businesses in the industry, while Boeing retained the number one spot.

Neil Hampson, of PwC, said the industry was ‘in the midst of one of the most challenging economic climates’, which he said was ‘placing pressure on businesses, especially those in the defence sector where once secure government programmes are now under intense scrutiny’.