British engine maker Rolls-Royce posted a 22-percent rise in underlying profit before tax on Thursday helped by cost reductions and growth in its after-market service business.
Britain's Ministry of Defence came under fire on a third front in a week Friday when a report highlighted cost overruns on heavy equipment to the tune of £3.1 billion (US$5.6 billion) in the year to last March.
British engine maker Rolls-Royce posted a 22-percent rise in underlying profit before tax on Thursday helped by cost reductions and growth in its after-market service business.
Britain's Ministry of Defence came under fire on a third front in a week Friday when a report highlighted cost overruns on heavy equipment to the tune of £3.1 billion (US$5.6 billion) in the year to last March.
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