Continued Financial Success for Inzpire
15 Feb 16
Finance
15 Feb 16
Finance
This was the highest in our history, and we recorded a profit. We won significant contracts with the Royal Jordanian Air Force – extending our GECO (Air) provision to their F-16 fast jets and we were also successful in securing the MOD Puma contract, against fairly stiff competition, and therefore delivering our GECO Mission Support System.
Inzpire has continually invested significantly in Research and Development in the past few years and in the 12 months to 31st August 2015, we spent 30% of the revenue of our Mission Systems Division on R&D projects demonstrating that we are continually updating our products and adding capability to stay ahead of the market.
In terms of my team, we are very happy to have passed a significant milestone of our financial year as we have just filed our annual audited accounts with Companies House and therefore survived the audit process without too much stress for either us or BDO. My team excelled themselves, as usual, in their thorough preparation! Roll on next year……!
We have also just welcomed Dawn Rofe to our team, who will take on a varied role working across all the business functions as the company expands. We are delighted to have you on the team Dawn, and have no doubt you will find this a challenging but very exciting role (we hope!).
10.04.24
Electronic Warfare
Our electronic warfare expert, Luke Cabot, explains the principle of Stare Time and frequency resolution from his local sauna.
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