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TUESDAY 18 MARCH 2025 13:00 PM
German customs chooses mtu gas engines from Rolls-Royce for four new vessels
Customs vessel 'Rügen' successfully commissioned
Reliability and low emissions were key factors in the choice of the mtu engines
A total of eleven vessels in the German customs fleet are powered by mtu engines
Rolls-Royce ensures reliable operation of the fleet through service agreement
Rolls-Royce is currently equipping four new German customs vessels with a total of 15 mtu gas engines, which provide propulsion and, in some cases, on-board power. The new 67-meter customs vessel “Rügen” has now been officially put into operation. It is powered by four 16-cylinder mtu Series 4000 gas engines. The “Rügen” is designed for operations at sea lasting several weeks and was built at the Fassmer shipyard in Berne in northern Germany.
The new customs ship “Rügen” was officially christened and put into service today in Stralsund. Aboard the largest ship in the German customs fleet, four mtu gas engines from Rolls-Royce provide propulsion and two more generate electricity.
The President of the Generalzolldirektion (German Customs Administration), Dr. Armin Rolfink, emphasized: “With the commissioning of the ‘Rügen’, we are setting an important milestone for the strengthening and, at the same time, sustainable modernization of our customs fleet. This state-of-the-art customs vessel combines high performance with innovative and environmentally conscious technology, which will enable us to carry out our important customs duties at sea even more efficiently in the future.”
Rolls-Royce is currently equipping four new German customs vessels with a total of 15 mtu gas engines, which provide propulsion and, in some cases, on-board power. They are part of a modernization program to upgrade the customs fleet in the North Sea and Baltic Sea, the majority of which also relies on mtu power. The advantages of mtu gas engines are their low exhaust and noise emissions and their dynamic performance. Rolls-Royce ensures the reliable operation of the eleven vessels in the customs fleet powered by mtu engines through a long-term service agreement.
The new 67-meter customs vessel “Rügen”, which is designed for operations at sea lasting several weeks and was built at the Fassmer shipyard in northern Germany, is powered by four 16-cylinder mtu Series 4000 gas engines and two controllable pitch propellers. Together with electric motors and two on-board power generators (also 16V4000 mtu gas engines), the ship can be operated in different modes as required: purely gas-electric, purely gas-mechanical and in booster mode. When in booster mode, all four main engines, each with an output of 1,492 kW, and the electric engines, which receive the power from the on-board units, can take the “Rügen” up to a maximum speed of 23 knots.
Three further 55-meter customs vessels are currently being built at Peene-Werft in Wolgast in northern Germany, which belongs to the shipyard group NVL. Each vessel will be equipped with three 16-cylinder mtu Series 4000 gas engines, each driving a fixed-pitch propeller. To achieve a maximum speed of around 26 knots, their power has been increased by ten percent to 1,641 kW each.
On March 18, 2025, the new German customs vessel “Rügen” was ceremonially christened and put into service in Stralsund in northern Germany. The almost 70-meter-long “Rügen” is a multi-watch vessel powered by four mtu gas engines from Rolls-Royce. Two further mtu gas engines are used for the on-board power supply. The vessel will be used primarily for monitoring cross-border trade and ensuring compliance with customs regulations in the Baltic Sea.
“We congratulate the German customs authorities on the commissioning of their new operational ship “Rügen” and the three other new ships. Reliability, user-friendly operation, dynamic engine performance and low emissions play a major role in the demanding tasks of the coast guard. These advantages of mtu gas engines help us to further expand our market share in our strategic marine business,” explained Denise Kurtulus, Senior Vice President Global Marine at Rolls-Royce Power Systems.
mtu gas engines already fall well below the limits of current emissions guidelines (such as IMO III) without exhaust gas aftertreatment. The particulate mass is below the detection limit and they only emit small amounts of nitrogen oxides. Thanks to the double-walled design of the gas system, the engine room can be designed similarly to a diesel drive.
mtu gas engines are already powering tugs and ferries in Europe and Asia. Ferry operators such as Rederij Doeksen in the Netherlands particularly appreciate the fact that mtu gas engines are quiet, produce little vibration, no unpleasant odors and no black smoke. The municipal utility in Constance has been operating its newest Lake Constance ferry with mtu gas engines in a climate-neutral way using biogas since July 2024. The world's first liquefied natural gas (LNG)-powered hybrid tug from Sembcorp Marine Integrated Yard in Singapore also has two mtu gas engines on board.
They have not publicly stated it from anything I've seen but I think they will at some point in the near future. One of the reasons I am continuing to add to my existing position.
Rolls-Royce supplies mtu emergency power systems for the European Commission
Emergency power systems based on 20-cylinder Series 4000 mtu engines secure new Jean Monnet 2 building complex in Luxembourg
mtu gensets guarantee the operation of all safety-related equipment within seconds in the event of a power outage
mtu emergency gensets from Rolls-Royce will provide reliable backup power for the European Commission's new Jean Monnet 2 building complex in Luxembourg from 2025. They will ensure that all essential and safety-related equipment within the buildings, as well as their technical systems, can continue to operate without interruption in the event of a power outage. Architecture/Visualization: heinlewischer
Rolls-Royce has won the order to supply two mtu Series 4000 generator sets to provide emergency backup power for the European Commission in Luxembourg. The two gensets, each with a maximum output of 2,640 kVA, were installed by Rolls-Royce partner Energolux in the new Jean Monnet 2 building complex at the beginning of October as part of the renovation and expansion of the Commission.
Jean Monnet 2 is designed to bring together several currently dispersed offices of the European Commission. The planned complex will consist of a welcome pavilion, a tower over 20 floors high, and a lower, flat-roofed building. The buildings provide space for approximately 3,700 employees and include modern office space, conference rooms, an auditorium, restaurants, fitness and health centres, and logistics areas.
The mtu gensets will provide reliable emergency power for the Jean Monnet 2 building complex. They ensure that all essential and safety-related equipment inside the buildings, as well as their technical systems, can continue to operate without interruption in the event of a power outage.
The mtu emergency backup gensets, model 20V4000 DS2750, are high-performance diesel generators specifically designed to provide electrical power in the event of a grid outage. “The emergency backup gensets are characterized by their high reliability and efficiency,” said Alain Osuch, Directeur Commercial Travaux Neufs at Energolux. “This makes them the ideal solution for such critical applications.”
With the delivery of the mtu emergency gensets, Rolls-Royce is making an important contribution to the completion of the EU’s construction project, which is expected to be finalized in 2025.
“We are proud that our mtu emergency gensets will help ensure the operational reliability of the European Commission,” said Vittorio Pierangeli, Vice President Global Powergen at Rolls-Royce's Power Systems division. “This is further proof of the trust our customers place in the quality and reliability of our products and is fully in line with our strategy of providing products to secure critical infrastructure.”
Rolls-Royce protects critical infrastructure worldwide
Rolls-Royce offers mtu emergency power solutions based on diesel and gas generators as well as dynamic UPS systems that are used to protect critical infrastructure. Worldwide, more than 85,000 mtu emergency power systems secure data centers, industrial facilities, airports, hospitals, power plants and numerous other types of buildings that require an uninterruptible power supply.
They plan on uplisting?
Wait until they uplist!
If it was a problem they would not be returning to dividends now would they?
$RYCEY Total Debt (mrq) $5.28B
Dividends being voted on at shareholder meeting 2025
Up 17.7% to $9.44
Rolls-Royce Holdings Plc 2024 Full Year Results
Strong 2024 results; Mid-term Guidance upgraded; £1bn share buyback in 2025
Significant transformation progress as we expand the earnings and cash flow potential of the Group
Underlying operating profit of £2.5bn with a margin of 13.8%, reflecting the impact of our strategic initiatives, commercial optimisation and cost efficiency benefits
Free cash flow of £2.4bn driven by strong operating profit and continued LTSA balance growth supporting a net cash balance of £475m at the end of the year
Dividend of 6.0p per share in respect of the full year 2024, based on a 30% payout ratio of underlying profit after tax 1,2
2025 guidance of £2.7bn-2.9bn underlying operating profit and £2.7bn-2.9bn free cash flow; delivering our Capital Markets Day mid-term targets two years earlier than planned
£1bn share buyback to commence immediately for completion through 2025
Upgraded mid-term targets of £3.6bn-£3.9bn underlying operating profit, 15%-17% operating margin, £4.2bn-£4.5bn free cash flow, and 18%-21% return on capital based on a 2028 timeframe
Tufan Erginbilgic, CEO said: “Strong 2024 results build on our progress last year, as we transform Rolls-Royce into a high-performing, competitive, resilient, and growing business. All core divisions delivered significantly improved performance, despite a supply chain environment that remains challenging.
We are moving with pace and intensity. Based on our 2025 guidance, we now expect to deliver underlying operating profit and free cash flow within the target ranges set at our Capital Markets Day, two years earlier than planned. Significantly improved performance and a stronger balance sheet gives us confidence to reinstate shareholder dividends and announce a £1bn share buyback in 2025.
Our upgraded mid-term targets include underlying operating profit of £3.6bn-£3.9bn and free cash flow of £4.2bn-£4.5bn. These mid-term targets are a milestone, not a destination, and we see strong growth prospects beyond the mid-term.”
Full Year 2024 Group Results
£ million Underlying 20243 Underlying 20233 Statutory 2024 Statutory 2023
Revenue 17,848 15,409 18,909 16,486
Operating profit 2,464 1,590 2,906 1,944
Operating margin % 13.8% 10.3% 15.4% 11.8%
Profit before taxation 2,293 1,262 2,234 2,427
Basic earnings per share (pence) 2 20.29 13.75 30.05 28.85
Free cash flow 2,425 1,285
Return on Capital (%) 2,4 13.8% 11.3%
Net cash flow from operating activities 3,782 2,485
Net cash/(debt) 475 (1,952)
1Subject to shareholder approval at the 2025 annual general meeting
Rolls-Royce procures CO2-free electricity from hydropower from Stadtwerke Ulm
share
Rolls-Royce has concluded a long-term power purchase agreement with Stadtwerke Ulm for the annual purchase of around 20,000 MWh of CO2-free electrical energy. The electricity comes entirely from the Donaustetten hydropower plant in South Germany (in the picture).
Rolls-Royce cuts its carbon emissions by around 7,000 tons annually by using hydroelectric power
Rolls-Royce is already driving the local energy transition with microgrids and solar power
Rolls-Royce has reached a long-term power purchase agreement with Stadtwerke Ulm/Neu-Ulm (SWU) for the annual purchase of around 20,000 megawatt hours (MWh) of CO2-free electrical energy. The Power Purchase Agreement (PPA) is characterized by a long delivery period of five years, guaranteed conditions and sustainably generated electricity from hydropower. The electricity comes entirely from the Donaustetten hydropower plant. By using electricity from Ulm, Rolls-Royce cuts its carbon emissions by around 7,000 tons every year.
“With this partnership, we are contributing to the local energy transition. And by sourcing electricity from hydropower, we are further increasing the proportion of renewable energy in our electricity mix, in line with our strategic goal of significantly reducing our CO2 emissions,” explained Bernd Baader, Head of Engine Assembly Plants and Infrastructure at Rolls-Royce Power Systems. As part of the partnership, Rolls-Royce is not only securing CO2-free electricity, but also stable energy conditions that offer long-term planning security.
“Our hydropower plants have stood for clean and reliable energy for decades. With this contract, we are helping Rolls-Royce to significantly reduce its carbon footprint,” explained Klaus Eder, Managing Director of SWU. “Such partnerships are essential to actively drive forward the transition to a climate-neutral economy.”
Local energy transition: Rolls-Royce already operates microgrids and purchases solar power
For Rolls-Royce, the partnership with Stadtwerke Ulm is another milestone in its efforts to reduce greenhouse gas emissions at its own plants. Three microgrids at the plants in Friedrichshafen, Augsburg and Aiken/USA, which intelligently network photovoltaic systems with battery containers and combined heat and power plants, are already ensuring an efficient and climate-friendly energy supply. The company is working with local partners to increase the feed-in of electricity from renewable sources into the grid in the vicinity of the plants. Two solar parks near the Power Systems headquarters in Friedrichshafen have been supplying CO2-free electricity since 2022 (1.6 MWp in Ilmensee and 3.6 MWp in Tengen).
Rolls-Royce introduces upgraded mtu Series 1600 generator sets for 50 Hertz market share
Rolls-Royce is now launching up to 40 percent more powerful mtu Series 1600 gensets for power supply on the 50 Hertz market. The mtu Series 1600 generator sets are available in both Open and Enclosed Power Unit designs. Further, the Enclosed Power Unit comes as a weather-proof all-in-one plug and play module including fuel tank, controls and other necessary components. The engines are also sold to independent OEMs for integration into their own genset designs.
Powerful: Highest power density in its class – base engine 12V1600 with up to 996 kWm
Sustainable: Up to 90% CO2 reduction with HVO fuel
Flexible: Suitable for numerous applications
Rolls-Royce is completing the launch of its upgraded mtu Series 1600 platform which boasts up to 40 percent more power than its predecessor. This final release is for the 50 Hertz version, which follows the 60 Hertz version announced at the end of 2023.
“At the heart of these gensets is the proven mtu Series 1600 engine, which we have further developed in terms of performance, flexibility, life-cycle costs and sustainability for the new generation, and with which we are setting new standards. Serving a wide variety of applications in the lower end of our power range, the Series 1600 will expand our strong position in the power generation market, as part of our growth strategy to support the world’s power needs,” said Tobias Ostermaier, President of the Stationary Power Solutions division at Rolls-Royce Power Systems.
Rolls-Royce turns retired British fighter jets into 3D-printed engine parts
Jet engine blades were turned into powder for 3D printing, with a nose cone successfully tested on an Orpheus engine by Rolls-Royce.
Updated: Feb 07, 2025 08:46 AM EST
2 days ago
Rolls-Royce turns retired British fighter jets into 3D-printed engine parts
RAF Tornado parts are recycled into additively manufactured jet engine components.
Rolls Royce
Rolls-Royce has pioneered a unique recycling effort, transforming the United Kingdom Royal Air Force’s (RAF) old aircraft parts into metal powder for additive manufacturing.
The Tornado 2 Tempest project repurposes retired RAF Tornado components into powdered metal, which is then used to 3D print parts for Rolls-Royce’s Orpheus small engine concept.
According to the firm, with Orpheus being part of the Future Combat Air System (FCAS) program, the project demonstrates that the technique has the potential to be used for the next-generation Tempest combat air platform.
“Tornado 2 Tempest is a bold, exciting, and innovative project and a demonstration of how excellent collaboration between the MOD, industry, and SME can deliver sustainable and technologically advanced solutions,” said Andrew Eady, Rolls-Royce VP FCAS Sustainability, in a statement.
Sustainable metal solutions
The Tornado 2 Tempest project has successfully repurposed retired RAF Tornado components into metal powder for additive manufacturing, demonstrating a sustainable approach to defense engineering.
Many surplus Ministry of Defence (MOD) assets, including broken or spare components, contain valuable metals like titanium, aluminum, and high-quality steel. The project team explored whether these materials could be atomized into powders, known as “feedstock,” for 3D printing.
Key components, such as jet engine compressor blades with high titanium content, were cleaned and converted into powder, resulting in a 3D-printed nose cone and compressor blades. Rolls-Royce installed the nose cone onto an Orpheus test engine, successfully running it under test conditions to confirm its safety and performance.
According to the firm, the initiative highlights the viability of recycling strategic metals, offering potential benefits for the UK defense industry by enhancing access to critical materials and reducing reliance on new raw resources.
The team also showcased a Digital Product Passport, tracking material provenance and lifecycle data. The innovation is suggested to enhance material allocation decisions and help prevent the use of counterfeit materials.
“Not only can this solution reduce the costs and burden of sourcing critical and high-value metals, but it can also produce components that are lighter, strong,er and longer lasting than those made through traditional forging techniques, thereby further enhancing the MOD’s overall sustainability and effectiveness,” said Thomas Powell, DRDT’s Strategic & Submarine Recycling Senior Commercial Manager, in a statement.
Efficient air propulsion
The Orpheus engine family is a cutting-edge twin-spool small engine designed for future combat air systems, offering scalability, adaptability, and high efficiency. Developed with a focus on rapid innovation, it features an advanced turbofan architecture, integrated electrical power generation, and ultra-low-cost components.
Utilizing Additive Layer Manufacturing (ALM), Orpheus reduces component complexity while enhancing performance, allowing for faster production and cost savings. The engine is designed for modularity, enabling rapid reconfiguration for different applications in military aviation. Digital design and manufacturing processes further streamline development, ensuring high precision and reduced time-to-market.
In just 18 months, Rolls-Royce designed, built, and tested the first twin-spool demonstrator engine, cutting traditional development time in half. The program’s agile approach and collaboration with over 30 UK-based SMEs have maximized efficiency and innovation.
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Rolls-Royce claims that with its advanced technology and rapid scalability, Orpheus is set to revolutionize future military propulsion systems.
Rolls-Royce has signed the biggest UK Ministry of Defence (MoD) contract in its history. The Unity contract stretches over eight years and brings together all elements of research and technology, design, manufacture and in-service support of the nuclear reactors that power the Royal Navy’s fleet of submarines. This contract between Rolls-Royce Submarines Ltd and the UK MoD, forms a single, harmonious capability portfolio.
Unity will enable improved focus on simplification and efficiency and better outcomes for the UK Royal Navy. It represents a significant undertaking and investment by the UK government and industry, providing thousands of highly skilled jobs across the country and an enduring commitment for the decades ahead. This is truly a national endeavour.
Rolls-Royce designs, builds and maintains all of the nuclear reactors that power the Royal Navy’s fleet of submarines. This eight-year Unity contract is worth circa £9 billion and will provide full support of the in-service UK Royal Navy submarine fleet throughout the period. It also includes continued support of the build and commission of Dreadnought Class submarines and the beginning of the previously announced SSN-AUKUS contracts.
The contract is the first of its kind awarded by the UK MoD and is the culmination of years of planning between Rolls-Royce and UK MoD, potentially creating a new way of doing business between Government and industry. It signposts the UK’s commitment to the continuous at sea nuclear deterrent and Rolls-Royce’s continuing dedication to the UK Royal Navy and the Defence Nuclear Enterprise.
With a long-term commitment across the Rolls-Royce Submarine programmes, Unity draws together current and upcoming work into one portfolio. It is designed to incentivise an even more collaborative working relationship between Rolls-Royce and the UK MoD.
This year, battery storage systems became the largest energy source in one of the biggest electricity grids in the world in California.
Data showed that the output of battery storage systems exceeded six gigawatts for around two hours – higher than the output of gas or hydroelectric power plants, nuclear power plants and renewable energies. In comparison, the record output of battery storage systems five years ago was just 120 megawatts, highlighting their increasing role in the energy transition.
Delivering a large-scale battery storage system in Europe
"That is also our goal in the Netherlands," says Jacob Jan Stuyt, Commercial Director and head of the Dutch Developer and Capacity provider SemperPower. His battery storage facility is one of the largest in Europe and is supported by 168 Rolls-Royce mtu EnergyPack QGs.
Each mtu EnergyPack has a capacity of eight megawatts. Two inverters in the middle of the system ensure that the energy, which is stored in the battery in the form of direct current, is converted into alternating current and fed via the transformers to a Medium Voltage station supplied by Rolls-Royce and onto the public grid.
Ensuring maximum performance through our intelligent control system
Alongside providing mtu EnergyPacks, seven inverters and our intelligent mtu EnergetIQ control platform, we were responsible for the construction of the entire battery storage facility. “The team from Rolls-Royce really did a great job here and installed the entire system within nine months," explains Jacob.
“This system also works so well thanks to our mtu EnergetIQ control platform,” says Tom Kuiper, a specialist in battery storage at Rolls-Royce's Power Systems division. “mtu EnergetIQ is the brain of the entire system and controls the interaction of all the system's components," he explains. “Our expertise lies not in supplying the individual components, but in linking them together in such a way that our customers can achieve maximum performance with them.”
A partner for long-term reliability
Over the next five years, SemperPower will install two gigawatts of battery storage capacity. “We need the best partners for this - like Rolls-Royce," says Jacob. The company will also benefit from a long-term mtu ValueCare maintenance contract, ensuring that the batteries remain reliably ready for use. In addition to predictive maintenance, this primarily includes capacity guarantees for the first ten years. “With this guarantee from Rolls-Royce, we can in turn guarantee capacity to our customers - that is the basis of our business
Rolls-Royce SMR Limited (Rolls-Royce SMR) and CEZ Group (CEZ) have today announced that they will join forces to bring their global capabilities and know-how to the deployment of Rolls-Royce SMR’s small modular reactor (SMR) technology. This is enabled by an equity investment by CEZ into Rolls-Royce SMR and a strategic partnership to deploy up to 3GW of electricity in the Czech Republic using Rolls-Royce SMR power plants.
The agreement strengthens Rolls-Royce SMR’s ability to deploy SMR technology in Europe and globally, and puts CEZ, Rolls-Royce SMR, and its existing shareholders, BNF Resources, Constellation, QIA and Rolls-Royce at the forefront of SMR deployment. These efforts further support the UK and Europe to reach their ambitious net zero goals and contribute solutions to address the challenges of climate change.
Tufan Erginbilgiç, CEO of Rolls-Royce plc, said:
We are pleased to receive this significant opportunity to deploy our SMR technology in the Czech Republic and welcome CEZ as a strategic investor and partner in Rolls-Royce SMR. We have a shared vision and CEZ further strengthens our ability to build stable, secure, low carbon power - delivering on our promise as a leading SMR business. Today’s announcement ensures that the Rolls-Royce SMR business is set up for success in the UK, the Czech Republic and around the world.”
Because it is a real company not a pumper ticker, I can't wait til they announce returning to dividends.
I own all 3 tickers RYCEF, RYCEY and RLLCF, I own RYCEF and RYCEY around a buck after selling to now be riding for free, currently down on RLLCF but again, it will jump when the divi returns, could be year end IMO
This seems like the best performing least discussed stock on iHub. I don’t get it!
Press release from 2 days ago:
Rolls-Royce is one step closer to powering the next generation aircraft for the U.S. Army. On August 2, the Future Long Range Assault Aircraft (FLRAA) became an official program of record when the U.S. Army announced its Milestone B decision, moving the program, led by prime contractor Bell Textron Inc., a Textron Inc. company, into the engineering and manufacturing development phase.
As part of Team FLRAA, Rolls-Royce will deliver a complete propulsion solution for the tiltrotor aircraft, featuring two AE 1107F engines and a fully integrated system design. The AE 1107F engine is the continued evolution of our proven AE engine family, providing the performance and reliability needed to power the transformational capabilities of FLRAA.
Cathy Welch, Program Director - FLRAA for Rolls-Royce Defense, said:
The Milestone B decision is a testament to the strength of Team FLRAA and the confidence the U.S. Army continues to show in this key modernization program. Rolls-Royce is thrilled to reach this historic milestone with our teammates at Bell and the U.S. Army, and as FLRAA moves into the engineering and manufacturing development phase, we are keeping our sights set on delivering revolutionary capabilities to the U.S. Army."
Since 2015, Rolls-Royce has invested more than $1 billion in modernizing its Indianapolis facilities to deliver innovation and advanced manufacturing to the U.S. Army and other customers with American labor. The AE1107F engine will be manufactured, assembled and tested in Indianapolis, Rolls-Royce’s largest production facility in the U.S.
The AE engine family has achieved 88 million flight hours of service worldwide. The AE 1107C engine has completed 1.4 million flight hours with more than two decades of service on the V-22 Osprey. The AE 1107F will build off that proven pedigree to power FLRAA and deliver twice the speed and twice the range of any traditional rotorcraft platform in the current U.S. Army fleet.
Something positive going on here but I’m not sure what. Anyone seen any news?
Bought another chunk a few days ago. I am still waiting for these major catalysts and I will not be divesting of any of this stock until they happen.
1. Uplist
2. Dividend
Today's news:
Rolls-Royce (LSE: RR., ADR: RYCEY) has reached an agreement to sell its Naval Propulsors & Handling business to Fairbanks Morse Defense. The sale comprises the naval propulsors units in Pascagoula, Mississippi and Walpole, Massachusetts, in the US, as well as the specialized naval handling systems unit in Peterborough, Ontario, Canada.
The Naval Propulsors & Handling business manufactures and supports a range of specialist propellers and waterjets for naval applications, as well as specialized handling systems that enable the deployment and recovery of manned and unmanned craft, and other cargo, from naval vessels.
Rolls-Royce will retain its Naval Gas Turbines and Generator Sets operations, which provide power dense solutions for naval propulsion and onboard power needs.
Adam Riddle, President – Defense and Chairman & CEO, Rolls-Royce North America, said:
Rolls-Royce Naval Propulsors & Handling is an industry leader and trusted supplier to navies around the world. We are pleased to collaborate with Fairbanks Morse Defense, who recognizes the value of this business and the outstanding opportunities for its strong future. We believe this transaction represents the best outcome for the business, its people and the military customers they serve."
Last year, Rolls-Royce presented its strategy to become a high performing, competitive, resilient and growing business to investors. In Defense, the focus is on strategic growth in the areas of combat, transport and submarines.
Until the transfer of the Naval Propulsors & Handling business is complete, Rolls-Royce Defense will continue its activities unchanged to ensure that customer relationships, delivery and service obligations remain unaffected.
This sale is subject to customary closing conditions, including regulatory review and approval. The financial details of the sale are not being disclosed.
Silence is about as bullish a sign as you can find. It means big boys are buying not Ihubbers.
MOST TRADED this morning already 1500 trades this morning
THIS AIN'T IHUBBERS some will be but this is big money buying this morning.
THE WAIT IS OVER - ROLLS ROYCE IS BACK BABY!
The entire half year report
https://www.rolls-royce.com/media/press-releases/2024/01-08-2024-rr-holdings-plc-2024-half-year-results.aspx
Our strong first half results reflect the continued delivery of our strategic initiatives and a relentless focus on commercial optimisation and cost efficiencies across the Group. These results and our increased financial resilience give us the confidence to raise our 2024 guidance and reinstate shareholder distributions in respect of the full year 2024 results.”
Strong first half delivery gives confidence to raise guidance.
Shareholder distributions to be reinstated in respect of the full year 2024 results.
Nice healthy jump this morning pre-market 50+ cents on both RYCEY and RYCEF
Some nice healthy churning and consolidating in the 5.60-5.80 range right now.
I agree. I see this at $10 at eoy. And even if it isn’t, it will get there. RYCEY is a steady ride up!
I think we still have two very big catalysts for growth coming that I haven’t seen mentioned lately.
1. Uplist.
2. Dividends.
Rolls-Royce is very steady with healthy pullbacks as I’ve seen with the history. I’m really considering throwing the majority of my savings in it.
Found this just a short while ago, thought it might interest you.
And I hope it goes without saying that we have no idea whether investors will get lusty about either of these in the coming months — always possible, almost never predictable. If you want something much more conventional and predictable, and currently profitable, you could probably do worse than BWX Technologies (BWXT) or Rolls-Royce (RR.L, RYCEY, RYCEF) among the more diversified SMR hopefuls… or the big utilities who own a lot of large conventional nuclear reactors, like Constellation Energy (CEG) and Vistra (VST), who are also seeing their day in the sun right now. None have anywhere near the growth potential of Oklo or NuScale if their designs really take off over the next decade and go into mass production… but none are as likely as those startups to lose 90% of their value in the next few years, either.
This was in a Stock Gumshoe analysis of SMRs (Small Modular Reactors) which RR is heavily into development.
I can't even remember when I first bought in but it was in the 80 cent range.
I do know I bought RLLCF in May 2019 850,000 shares at .0001 and sold beginning of July 2019 and banked almost $60K on that $85.95 bet. It should have been over $250K if TD Ameritrade actually had the shares they sold me, I could have got out at the top of .47 but it took over an hour to convince them that they were gonna be sued for selling me naked shorts and blocking my placing my sell orders. They finally let me start selling at .17 so they cost me about $200K in lost profits.
I have my 1st RYCEF, RYCEY sell order in at $12 for a very small amount - I like the company and they seem to have really turned it around.
I’m kicking myself since I was new to stocks (still am) and let this dude that introduced me to the market convince me that penny stocks were how you made big money… if I invested into RYCEY last year when it was still low, I could’ve had around 400k by now. But I listened like an idiot and didn’t really do my own DD. But I’m confident this will run past $6 with enough time.
Very hard to say but I'll be adding small amounts on any big pullbacks. How hard it runs will be dictated by what they produce, my money is on the mini reactors being deployed in large numbers, don't know how soon that will be.
Will the move up be big? I’m considering putting an absurdly large amount of money on top of what I already have, in order to make a big profit by somewhere next year.
HighPoint Advisor Group LLC acquired a new stake in Rolls-Royce Holdings plc (OTCMKTS:RYCEY – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 17,135 shares of the aerospace company’s stock, valued at approximately $65,000.
Separately, Tieton Capital Management LLC bought a new stake in shares of Rolls-Royce Holdings plc during the fourth quarter valued at about $75,000. 0.07% of the stock is owned by institutional investors.
HighPoint Advisor Group LLC acquired a new stake in Rolls-Royce Holdings plc (OTCMKTS:RYCEY – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 17,135 shares of the aerospace company’s stock, valued at approximately $65,000.
Separately, Tieton Capital Management LLC bought a new stake in shares of Rolls-Royce Holdings plc during the fourth quarter valued at about $75,000. 0.07% of the stock is owned by institutional investors.
LET'S GOOOO!!!!
This is bigger than most people realize!! https://www.rolls-royce.com/media/press-releases/2024/19-06-2024-rr-and-catl-agree-strategic-cooperation-for-tener-products-in-the-eu-and-uk.aspx
Let’s goooo!! Contract with the United States Air Force!! Look at their website. BOOOOM
2024 ANNUAL GENERAL MEETING OF ROLLS ROYCE HOLDINGS PLC
https://www.rolls-royce.com/~/media/Files/R/Rolls-Royce/documents/investors/AGM/agm-2024/notice-of-agm-2024.pdf
Nice lil retrace which now sets it up for the next big move up.
Pretty Soon Will Go Back Up ... Much Needed Correction .
I dislike this for today downside.
News out today:
Rolls-Royce today welcomed the announcement that the Australian Government would be investing in its ongoing AUKUS preparations. This supplements the expansion funding already committed by the UK Ministry of Defence (MOD).
To meet the growth in demand from the Royal Navy, which includes AUKUS delivery commitments, work is already underway to double the size of the Rolls-Royce Submarines site in Raynesway, Derby.
Now jointly funded by UK MOD and the Australian Department of Defence, the expansion work announced last summer will create over 1,000 new jobs in Derby across a range of disciplines, including manufacturing and engineering. It will also see new manufacturing and office facilities being built on recently acquired land surrounding the existing Raynesway site.
In March 2023 it was confirmed that Rolls-Royce Submarines would provide all the nuclear reactor plants that will power new attack submarines as part of the tri-lateral agreement between Australia, the UK and US.
Rolls-Royce Submarines President Steve Carlier said:
Last year we were proud to welcome the Hon Richard Marles MP, Australia’s Deputy Prime Minister and Minister for Defence, and UK Defence Secretary Grant Shapps, to our Raynesway site to showcase some of the world-class manufacturing and engineering capabilities we have developed over the last 60 years.
This commitment of funding to our existing expansion work shows the trust Australia places on our nuclear expertise and our ability to deliver. We look forward to working with the Australian Submarine Agency to support them in building their own fleet of nuclear-powered submarines.”
Grant Shapps MP, UK Secretary of State for Defence, said:
In a more dangerous world, today’s announcement symbolises the huge confidence our close partner Australia has in our world-leading defence industry, including companies such as BAE Systems and Rolls-Royce.
Through these collaborations, British industry will grow, and thousands of jobs created across the country, delivering security and prosperity to our two nations.”
To support preparation for AUKUS and to meet the additional commitments to the MOD, Rolls-Royce recently announced the opening of two satellite offices in Glasgow and Cardiff. The locations were selected to help access the skilled talent pools in both regions, with more than 100 jobs being created in each city.
To further ensure a steady pipeline of future talent into the industry, Rolls-Royce opened a new Nuclear Skills Academy in Derby in 2022. It will provide 200 apprenticeships each year for at least the next decade.
Rolls-Royce Submarines currently employs more than 4,000 people and designs, manufactures and provides in-service support to the pressurised water reactors that power every boat in the Royal Navy’s submarine fleet.
Rolls-Royce is currently supporting the existing Astute and Dreadnought boat build programmes through the delivery of reactor plant and associated components. Additionally, it provides frontline support across the world for reactor plant equipment from its Operations Centre in Derby and supports the submarines when in the Barrow-in-Furness shipyard and the naval bases at Devonport and Faslane.
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