Why Rolls-Royce Share Price Is Back in Focus After New European Tank Contract
Rolls-Royce said its Power Systems arm won a contract to develop the drive system for Europe’s MGCS tank program, a day after shares rose 5.85% to 1,311 pence. The company is aiming to sustain gains after strong 2025 results and a major buyback plan. On Wednesday, the FTSE 100 fell 0.6% and Europe’s defence sector dropped 2.8% amid concerns over oil prices and Middle East tensions.