Rolls-Royce (LON:RR) shares slip 2% after new engine deals
Rolls-Royce Holdings dropped around 2% early Tuesday in London, sliding more than the wider market even as its Power Systems unit reported new orders. The last quote at 09:47 BST showed shares at 1,383 pence, down 2.05%. The FTSE All-Share was off by 0.89%. Rolls-Royce said it signed a framework deal with Italy's Overmarine to run from 2026 to 2029. The agreement is for 30 propulsion systems, 64 mtu Series 2000 engines, and NautIQ bridge equipment. Rolls-Royce did not disclose the contract value.