Rolls-Royce expects profits boost - Telegraph "Although top-level budgets remain squeezed and the outlook in the US is uncertain, Rolls" diverse end markets and customer base is expected to provide a cushion to the downside risk although it will look to optimise the size and shape of the group for future workloads, particularly at home. As had been witnessed with the success on programmes in the US naval market, the broader opportunity for Rolls remains overseas and in cost-effective support solutions to save money at home. Rolls secured some major deals last year including a contract with Singapore Airlines to power 25 Airbus aircraft, as well as contracts with China Eastern, Synergy, Garuda Indonesia, Air Pacific, Etihad and Air New Zealand. The newly developed Trent XWB engine that will power the Airbus A350 was last week certified, and Rolls secured further contracts with the US Department of Defense and the UK Ministry of Defence. However, the company faced negative coverage in December last year when it revealed it had been asked by the Serious Fraud Office to investigate allegations of bribery and corruption in Indonesia and China.