Rolls-Royce is trading 4.2% up at £1415.60 following a broad rally in aerospace and defense stocks linked to a large U.S. defense spending bill.
- The upward move is being reinforced by strong earnings from sector peers, which highlight robust defense demand and are lifting sentiment across the industry.
- Rolls-Royce is participating in this sector-wide strength as investors react positively to the outlook for global defense spending.