RE: My 2 penneth14 Feb 2021 15:29
Interesting. Am I missing something. BAE are bigger than RR and not in the business of making engines as far as I am aware. In fact they both often compete for the same supply base. The defence unit as you are aware is currently part and parcel of the total business of RR and as such rolled up in share value. The government cannot simply apply a strategy for such a thing. What about marine, Power, Nuclear, etc would the same rule apply.
I would have thought joint venture is the way to go on special projects. That way we are engaging with competitors and sharing risks. Big advantage also is sharing capital outlay.....