Moody's Changes Rolls-Royce Outlook to Positive Following Guidance Upgrade; Rating Affirmed

12:12 AM EDT, 08/13/2026 (MT Newswires) -- Moody's changed its outlook on Rolls-Royce Holdings (RR.L) to positive from stable and affirmed its A3 long-term issuer ratings. The rating agency said Wednesday the rating actions reflect the aerospace, defense, and power systems company's continued outperformance, delivering another financial guidance upgrade. The company's visibility into its medium-term financial performance also remains strong despite supply chain pressures and increased geopolitical and macroeconomic risks, Moody's noted. The positive outlook indicates Moody's expectation that Rolls-Royce will maintain low leverage and strong cash flow metrics over the next two years, along with sustained profit growth in its installed base.