Ed: yep, it’s in the trillions! My gut feeling tells me RR stand more than a 50 percent chance of doing the deal. They have invested hundreds of millions in the past couple of years in the US!
I attended the annual AFA conference in the National Harbor over the last three days. I spoke to the Rolls-Royce booth and saw they had meetings regularly with high level Air Force officials. I don’t have info on the meetings, but they all looked happy! The meetings were about B-52’s amongst other projects. afa.org/events/calendar/202...
In the FTSE 100, Rolls-Royce was the best performer, up 2.4%, at 125.15 pence, after Berenberg raised its price target to 160p from 150p and reiterated its Buy rating