Rolls-Royce’s boss said he expects the FTSE 100 engine maker to win the multibillion-pound UK government energy contract to provide small modular nuclear reactors (SMRs), revealing he would be “very surprised” if it did not.
In his most bullish comments yet on Rolls’s chances in the government’s SMR competition, Tufan Erginbilgic said: “It’s not about whether we will be selected or not — I would be very surprised, frankly, if we are not. It will be hard to explain to anybody, to myself as well, [if the contract is not won by Rolls].”
Rolls-Royce is the only British company on a shortlist of six firms competing to become the first manufacturer of SMRs in the UK, with a potential £20 billion up for grabs. The
