In a shocking move, Rolls-Royce is withdrawing from the contest to power Boeing’s proposed new midsize airplane (NMA), citing challenges presented by the aircraft’s tight development schedule. The decision, which was revealed ahead of the engine maker’s full-year financial results, comes as Boeing is in the final stages of choosing a propulsion supplier for the twinjet, which it hopes to launch in 2020. Rolls had proposed a variant of the ...

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