Rolls-Royce mini-nukes project at risk
The UK is preparing to invite international bids for next generation nuclear power projects, in a move that could imperil Rolls-Royce’s plans to roll out mini-nuke factories across the country.
The UK is preparing to invite international bids for next generation nuclear power projects, in a move that could imperil Rolls-Royce’s plans to roll out mini-nuke factories across the country.
Rolls-Royce has agreed a deal to supply more than 500 engines for the British Army’s Boxer Mechanised Infantry Vehicle (MIV). The engine maker, which has seven UK bases including major sites in Derby and Bristol, will deliver 523 mtu Series 199 engines under the agreement.
Rolls-Royce is in the final stages of building the world’s largest jet engine, it has announced.
(Reuters) -Rolls-Royce expects its free cash outflow in fiscal year 2021 to be better than the previous guidance of 2 billion pounds ($2.64 billion) due to cost cuts and a recovery in the broader market, the British engineering group said on Thursday.
Rolls-Royce is poised to land ‘billions of pounds’ worth of orders for mini nuclear power stations from Eastern European nations, the boss of a major investor has said.
A consortium led by Rolls-Royce is on the hunt for orders for its £2billion nuclear reactors after a redesign that means each will power 100,000 more homes.
Rolls-Royce is expected to unveil the largest cash outflow in its history this week as bosses lay bare the catastrophic impact of the Covid crisis in annual results.
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