The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I think ITP is worth more since the Ukraine war started.
I should have added Motley Fool is just Foolish.
The FTSE 100 firm also has a substantial foot in the defence industry. Rolls-Royce has won a £2bn contract alongside BAE Systems to help build nuclear reactors and boost the UK’s nuclear deterrent. I believe these reliable government contracts will help steady the firm’s revenue over the coming years.
This is for the new submarines.
I'm glad I have figured how to use filters and viola Metom gone.
Fee is on rycey which is and adr of chase bank 2 cents per share on record date May 27 2022.
RYCEF trades on OTC and the same as RR .L in us funds with no adr fees
Rycey pays divi in US funds RYCEF pays in pounds. if there is one.
Today is the day ADR fees kick in for RYCEY but RyCEF does not have them.
Monkey-pox has been around since 1958 in Africa so why is it so apocalyptic now.
“Directed energy systems offer low cost per shot and reduced logistical burdens, while offering compelling capabilities against today’s stressing threats including counter-hypersonic [missiles], and are versatile and scalable,” pointed out Rolls-Royce. “Regardless of power sources or platform, thermal management integration with the laser is critical to system effectiveness.”
TUESDAY, 17 MAY 2022
Rolls-Royce successfully powers directed energy field tests in U.S.
Rolls-Royce has successfully demonstrated ‘deep magazine’ power capability for directed energy applications, powering multiple, extended laser field tests in collaboration with Lockheed Martin as part of the Layered Laser Defense (LLD) project.
Deep magazine power capability is crucial for directed energy applications, which can be limited by battery-only systems that require recharging or replacement of batteries after a short period of operation. The Rolls-Royce ColdFireTM system includes both battery-powered and near-continuous firing modes, through a compact and fuel-efficient Rolls-Royce M250 gas turbine engine which provides consistent, extended power to operate the laser application.
Powered by the Rolls-Royce system, Lockheed Martin’s laser weapon system successfully shot down flying targets during the recent field tests conducted in partnership with the Office of Naval Research at the U.S. Army’s High Energy Laser Systems Test Facility at White Sands Missile Range in New Mexico.
Craig McVay, Rolls-Royce Defense, Senior Vice President, said, “The Rolls-Royce ColdFireTM system successfully demonstrated extended firing capability during the field tests, proving the technology is ready to progress to customer applications. We built the most sophisticated power and thermal management system in the world, so we are ready for any challenge. Our U.S. Department of Defense customers continue to express interest in Rolls-Royce directed energy power and cooling technology, and we look forward to briefing them on the outstanding results from the field tests.”
Lockheed Martin developed the 100kW-class LLD to demonstrate cutting-edge laser weapon system technologies in an integrated system. Compact but powerful, and coupled with a Rolls-Royce ColdFire power and thermal system, it provides nearly continuous firing capability to engage more types of targets, in larger numbers, with longer range, than previous systems.
Paul Shattuck, Lockheed Martin, Director of Directed Energy Systems, said, “Our industry team worked together in great partnership to bring forward critical knowledge to build this compact laser weapon system with a near-limitless magazine.”
Rolls-Royce developed and tested the ColdFireTM system for over 10 years with $50 million in company investment. In addition to providing power to the directed energy system, ColdFireTM offers unique and highly effective cooling technology to dissipate the large amount of heat generated by the laser system.
Rolls-Royce is an industry leader in thermal management – the company’s advanced gas-turbine engines operate at temperatures far greater than the melting point of metal. That requires sophisticated engineering technology that allows engines to operate safely and effectively for thousands of hours. Rolls-Royce has adapted this proven thermal management knowledge into the ColdFireTM system
And thats bad ,how? The demand is still there.
Dont think its the big boys playing its the little boys getting pushed out.
And thats that..
My opinion only
If their is a buyin or buyout it will be for SMR which the gov could care less as long as the project gets going. This is a project that going to take big money upfront to make things happen and RR could do well in two companies.
THE SKY IS FALLING SELL SELL !!!!!
WE get it short but its time to BUY etc.
trump did say. He sucked up to putin to create the genocide in Ukraine.
Watch the meeting its well worth a look.
https://committees.parliament.uk/event/13359/formal-meeting-oral-evidence-session/
Im the biggest SMR bull but have to say the price is not including it.