War will drive a decade of arms restocking, says Chemring

Rising global conflict means countries will spend the next 10 years restocking arms, the boss of one of the UK’s largest weapons manufacturers has said.Chemring, which describes itself as a key supplier to Nato, said countries are reacting to the wars in Gaza and Ukraine as well as “an increasingly assertive China”.The firm wants sales, which are already hovering around record levels, to quadruple to nearly £1bn…