Goodwin’s Defense Division Sold to America | Business and Finance News

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Recorded10 Sep 2026

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A British engineering giant, Goodwin, is selling its vital military division to U.S. private equity firm Cerberus for $1.1 billion — sparking alarm over national security, job losses, and the UK’s growing reliance on foreign control of critical defense assets. As more British defense firms fall into overseas hands, experts warn that private equity often cuts R&D and disrupts supply chains, especially as global conflicts challenge assumptions about allies. Despite soaring profits from defense contracts, the deal may undervalue the company, and with the Chancellor having a defense background, public scrutiny is mounting. This isn’t an isolated case — it’s part of a worrying trend that demands urgent government action to protect Britain’s industrial future. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4dbe1f811b067735

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