By Guy Taylor British defence specialist Chemring is set to report bumper profits in its results next week, as rising geopolitical tension around the world prompts a surge in the government’s defence spending. Analysts have forecast the Hampshire-headquartered firm will report an adjusted operating profit in the range of £67m for the year. Shares are up nearly 11 per cent in 2023 on consistently strong demand. Chemring reported a surge in orders in the first half of this year, as Western governments shell out on weapons amid the war in Ukraine and rising geopolitical tensions globally. Chief e…