Moody’s revised the outlook for Rolls-Royce Holdings plc to positive from stable. The rating agency affirmed the company’s A3 long-term issuer ratings. This revision follows a recent upgrade to the company’s financial guidance.
Rolls-Royce expanded its partnership with Marand Precision Engineering in Australia. The company established a new regional Defence Headquarters in Canberra. These developments target the Australian Defence Force and the broader Pacific region.