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Pin to quick picksRolls-Royce Share News (RR.)

Share Price Information for Rolls-Royce (RR.)

London Stock Exchange
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Share Price: 418.10
Bid: 419.00
Ask: 419.20
Change: -2.30 (-0.55%)
Spread: 0.20 (0.048%)
Open: 419.50
High: 420.80
Low: 413.30
Prev. Close: 420.40
RR. Live PriceLast checked at -

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Britain, Japan and Italy sign advanced fighter jet programme treaty

Thu, 14th Dec 2023 04:00

LONDON, Dec 14 (Reuters) - Britain, Japan and Italy have signed an international treaty to establish a combat air programme aimed at developing an advanced fighter jet, Britain's Ministry of Defence said on Thursday.

The agreement, which Reuters reported earlier this month, comes a year after the three countries established their first major defence industry collaboration by merging the separate next-generation fighter efforts of London and Tokyo.

The parliaments of each country must ratify the agreement, which aims to see the combat aircraft in flight by 2035. The joint development phase of the programme is due to launch in 2025.

Both the joint government headquarters of the Global Combat Air Programme (GCAP) and its industry counterpart will be based in Britain. The government organisation's first chief executive will come from Japan, while the first leader of the business organisation will be from Italy, Britain said.

"Our world-leading combat aircraft programme aims to be crucial to global security and we continue to make hugely positive progress toward delivery of the new jets to our respective air forces," British defence minister Grant Shapps said.

Shapps and his Japanese and Italian counterparts, Minoru Kihara and Guido Crosetto, met in Tokyo on Thursday.

The supersonic stealth jet will feature a radar that can provide 10,000 times more data than current systems, the British government said.

Britain's BAE Systems, Italy's Leonardo, European missile maker MBDA and engine maker Rolls-Royce are involved in the project.

Reuters has previously reported that Japan's Mitsubishi Heavy Industries, Japanese avionics manufacturer Mitsubishi Electric Corp, and engine makers IHI Corp and Avio Aero are also involved. (Reporting by Kylie MacLellan; Editing by Angus MacSwan)

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Rolls-Royce can grow market share and improve profit, says CEO

LONDON, Dec 20 (Reuters) - The chief executive of Rolls-Royce said on Wednesday his mission to lift the British company's profits was compatible with continuing to gain market share and delivering improvements in engines demanded by airlines.

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20 Dec 2023 15:05

Rolls-Royce can grow market share and improve profit, says CEO

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15 Dec 2023 15:06

Britain says Rolls-Royce engines part of Turkish Airlines deal for Airbus jets

LONDON, Dec 15 (Reuters) - Britain said Rolls-Royce will be the engine supplier for 70 widebody aircraft ordered by Turkish Airlines as part of its deal to buy 220 planes from Airbus. (Reporting by Sarah Young; editing by Paul Sandle)

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14 Dec 2023 15:57

CORRECT: Rolls-Royce sells unit as focuses on markets where "can win"

(Correcting to clarify that Rolls-Royce Holdings PLC has sold the business.)

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Rolls-Royce buys engine business from German manufacturer Deutz

(Alliance News) - Rolls-Royce Holdings PLC, the British aerospace and defence company announced a takeover sale of the German internal combustion engine manufacturer Deutz AG's engine business.

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