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Leading contractors, including RTX in the US, the UK’s QinetiQ, and Europe’s MBDA, are investing heavily in the technology

Spending on pensions and healthcare is more popular with voters but Europe and the UK must make politically tough choices

Top US and European defence companies want to recruit tens of thousands of workers this year

Also in this newsletter: HSBC profits plummet, Navalny jail bosses sanctioned, hedge fund makes $1bn from interest rates bet

Demand suggests the sector’s rally is not yet over

Jian Wen has pleaded not guilty to charges of laundering money for her fugitive former boss who is wanted in China

UK government argue that funds should release surpluses back to companies for investment

UK pension reforms in 2014 gave retirees greater flexibility

Damage to habitats and closer contact can help multiple infections jump from wildlife

Companies offering courses to employees hope to boost recruitment and retention