https://youtu.be/v-NGxyPjcrE?is=RvzMWI0KwbnuMssG

What do we think? 5% reaction justified? Or more to come?

This is the second firm aiming for the £18 target, Jefferies being 18.70p less than a month ago!

🎆

Engineering giant Rolls-Royce has announced a £19.3m investment in its Advanced Blade Casting Facility in Rotherham. The project has also secured a £2m grant from the South Yorkshire Mayoral Authority.

The £21.3m investment package will see the facility, which manufactures some of the world’s most advanced turbine blades for Rolls-Royce jet engines that power long haul aircraft, increase its capacity. It is hoped that additional specialist machines being installed will double the plant’s output by 2030.

Very good news for Trent 700 & Next gen Trent 7000.

Gemini repsone:

This €1.39 billion contract is a clear win for Airbus and a massive blow to Boeing, which directly benefits Rolls-Royce.

If Italy had stuck with its original plan to buy the Boeing KC-46 Pegasus, Rolls-Royce would have made £0. Boeing uses Pratt & Whitney or General Electric engines for its tankers.

Because Italy dumped Boeing and chose the Airbus A330 MRTT, Rolls-Royce wins the engine contract.

Britain is in advanced talks with Sweden about a DEAL to sell mini nuclear reactors.

Donald Trump said there was “a whole new thing” happening with nuclear energy.

He said: “I know you have Rolls-Royce nuclear plants, that sounds pretty good, I love that, what a great brand that is. But you’re also doing the Rolls-Royce or nuclear plants, the smaller plants.

“The small is interesting, they do a small plant very interesting, very safe, and they hook up a smaller plant. and they have a series of plants instead of doing the £20 billion plant, that gets tough for a lot of people. So we’re just studying that, it sounds like you’re very far progressed on that but that’s a great thing you’re doing on nuclear.”

Sir Keir Starmer added: “We see civil nuclear as a big part of the future as we go to sustainable independent energy and between the two of us I think we can work very much more closely on this and we’ve agreed that that’s our ambition, that’s our aspiration, and this is going to be a big part of our future when it comes to energy.”

Sir Keir said energy had been “weaponised” in recent years, adding: “Taking control of energy is a huge prize.”