Military and civil systems provider Cobham Plc. (COB.L) said its trading performance in the first three months of the year has been in line with its expectations and consistent with the full-year outlook which remains unchanged. At the end of March, the Group's order book was stable at 2.4 billion pounds.
Cobham noted that it has achieved strong operating cash conversion in the first quarter. This was offset, in part, by the 24 million pounds planned investment in the UK Future Strategic Tanker Aircraft consortium, representing the total amount required by the 2008 Shareholders' Agreement.
In addition, Cobham separately announced that Jonathan Flint, Chief Executive of Oxford Instruments plc, would join the Board as a Non-executive Director from May 1.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.