Rolls Royce, one of the top employers in England's North West, announced that despite the impact on profits made by a dipping dollar, underlying profits were still up.
UK engineers are contributing to Nasa's search for life in Martian ice.
A team at Imperial College London is providing substrates - surfaces which hold samples for imaging - to the Mars Phoenix mission in the first British involvement in exploring the planet since the failed Beagle 2 attempts.
The team from Imperial's Department of Electrical and Electronic Engineering has been working with a replica of the optical and atomic force microscope station that will be onboard the Phoenix to develop the most suitable substrates.
Martian dust will be delivered to the equipment via a mechanical arm whereupon the powerful microscope array will examine them in the highest resolution ever used on another planet.
Dr Tom Pike, who is leading the team at Imperial, said: "Nobody has looked at Mars at this type of resolution. It is very difficult to predict what we might find, but if you wanted to look for the earliest forms of past or present life we will be the first to look closely enough."
Dr David Catling from the University of Bristol will also be involved in the Nasa project, analysing the relationship between the atmosphere and the surface of the planet's polar regions.
The Science and Technology Facilities Council is supporting involvement from the UK in the project which will see the lander launched in August.
BAE systems has announced that it will be involved in the development of the US Missile Defence Agency's Multiple Kill Vehicle payload system.
A partnership which Rolls Royce is a part of has won a contract to provide British Airways with engines for new Airbus A320 jets.
International Aero Engines (IAE) a partnership comprised of Rolls Royce, Pratt and Whitney, Japanese Aero Engines and MTU Aero Engines, has agreed on a deal to provide the airline with eight IAE V2500 engines worth $136 million (£66 million).
The engines, which will be delivered between 2008 and 2010 will also be maintained by IAE.
Meanwhile, Rolls Royce has been awarded a contract for four Rolls Royce Trent 1000 engines to power Boeing 787-8 Dreamliners which Royal Brunei Airlines is acquiring.
Rozman Junaidi of Royal Brunei Airlines said: "We have considered all elements of our fleet replacement plan to ensure that we operate the most advanced equipment.
"There is no doubt that the Trent 1000 is the best engine for the 787 in terms of performance and environmental impact."
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