** Rolls Royce enjoys brief stint at top of FTSE 100 & up at 4-mth highs, rallying with peers as defencesector falls into focus after BAE Systems reports FY
** One UK-based trader said sector rotation was at play
** While BAE up 19 pct over the past 12 mths, investors inRR have had a rough ride & shares still down 19 pct since aprofit warning this time last yr, blamed on declining US &European military budgets
** RR rises 2.2 pct & for BAE, profit-taking after resultsproves short-lived on Thurs as stock bounces back from 4.4 pctslide to trade near highs of the day
** One London-based analyst cites headlines relating toBAE's optimism over US military spend next yr as the catalystfor BAE's rally
** Of the stocks, Galvan's head of trading Ed Woolfitt sayshe would choose RR over BAE as underperformance narrows
** Smaller peer Meggitt up 1.3 pct (RM: tricia.wright1.thomsonreuters.com@reuters.net)


PARIS/MANILA, July 10 (Reuters) - Philippine Airlines (PAL) is poised to order 15 Boeing 787-10 aircraft and nine Airbus A350-1000 jets, marking its...


PARIS/MANILA, July 10 (Reuters) - Philippine Airlines is poised to order 15 Boeing 787s and nine Airbus A350-1000 jets, marking its first Boein...


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday.


(Adds Raytheon) WASHINGTON, Feb 9 (Reuters) - A group of companies including subsidiaries of BAE Systems, Northrop Grumman Corp , Science Applications...


By Andrea Shalal BERLIN, Feb 10 (Reuters) - The German and Dutch militaries have agreed to further deepen defence cooperation this year by putting a ...


WASHINGTON, Feb 9 (Reuters) - A group of companies including subsidiaries of BAE Systems, Northrop Grumman Corp , Science Applications International C...


(Adds background) By Tim Hepher PARIS, Feb 7 (Reuters) - Airbus strategy chief Marwan Lahoud, one of the founders of Europe's largest aerospace group ...


(Adds background, graphic) By Mike Stone WASHINGTON, Feb 3 (Reuters) - The U.S. Department of Defense and Lockheed Martin Corp are set to announce a d...


ANKARA, Jan 28 (Reuters) - Britain and Turkey signed a defence deal worth more than 100 million pounds ($125 million) on Saturday to develop Turkish f...


(Fixes dateline to Jan 24. No changes to text) * Defence systems gap has caused concern among NATO members * Procurement programme 460 million euros -...


WASHINGTON, Dec 21 (Reuters) - The U.S. State Department has approved the possible sale to Norway of five P-8A surveillance aircraft and associated su...