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September 2, 2021updated 13 Dec 2021 9:59am

British Royal Air Force Lossiemouth celebrates two major milestones

The Atlantic Building is one of the elements of a £360m investment in RAF Lossiemouth.

The British Royal Air Force (RAF) has announced that RAF Lossiemouth has celebrated a double milestone with the formal naming of its $118m (£100m) Poseidon Strategic Facility as the ‘Atlantic Building’ and presentation of a new Standard to CXX Squadron.

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With the Atlantic Building serving as a backdrop, a total of 60 crew from CXX Squadron officially paraded for the first time since reforming last year.

The parade also witnessed the participation of two sub-hunting Poseidon aircraft posing on either side of the Atlantic Building.

According to the RAF, the parade opened with a flypast of a Poseidon submarine-hunting aircraft supported by a two Typhoon aircraft from II (AC) Squadron.

UK Defence Procurement Minister Jeremy Quin said: “The state-of-the-art ‘Atlantic Building’ enables our Poseidon fleet to perform their vital role for UK defence.

“The building’s name reflects the heritage of CXX Squadron and the importance of the aircraft’s mission to protect our maritime interests.

“This fantastic facility is a key part of defence’s £360m investment in RAF Lossiemouth, which has created and supported hundreds of jobs in Moray.”

RAF Lossiemouth’s P8s provide continuous vigilance to enemy threats above and below the waves and protect the nuclear deterrent capabilities of the country.

New 120 Squadron Officer Commanding wing commander Livesey said: “Maritime patrol is of vital importance to the UK, and the contribution provided by those at RAF Lossiemouth is paramount to its success.

“I am privileged to take command of 120 Sqn at an exciting time in its history, as we continue to build in capability.”

RAF noted that ‘Atlantic Building’ name replicates the squadron’s heritage and the importance of the Poseidon fleet mission of protecting maritime interests.

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Identify the trends of tomorrow using filings sentiment analysis

Business sentiment continues to improve, showing a clear recovery since the onset of COVID-19. Sentiment in 2021 was up by 8% compared to 2020. Industrials had the highest sequential filings sentiment growth in Q3 2021. Optimism around digital themes and general outlook drove the positive trend in overall business sentiment. GlobalData’s Filing Analytics Annual Report 2021 on Industrials provides insights into sentiment and mention trends for companies, geographies, and themes. Get real-time analysis of:
  • Quarterly & annual reports
  • Earnings call transcripts
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Understand the overall outlook for ADS, Construction, Mining, Oil & Gas, Power and Automotive, and spot the topics and themes that will be most impactful in the next few years. Download the full report to understand what to expect and how to align your business for success.
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