Rolls-Royce Invests 398M in UK
Rolls-Royce is investing nearly 400 million dollars to upgrade UK aerospace and defence facilities. The funding will support operations across Derby, Bristol and other sites to drive regional growth.
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Rolls-Royce Holdings plc will invest £300 million ($397.9 million) to expand aerospace and defence manufacturing facilities across the United Kingdom, the company said on Monday morning. The capital deployment follows a 46% surge in underlying operating profit to £2.5 billion for the first half of the year. The investment targets sovereign industrial capability as strong global demand tests capacity across the company's core operating hubs.
