16 January 2013
ROLLS-ROYCE WINS NEW ENGINE SUPPORT CONTRACT IN SAUDI ARABIA
Following agreement between the Governments of the Kingdom of Saudi Arabia and
the United Kingdom, under the Saudi British Defence Co-operation Programme,
Rolls-Royce, the global power systems company, has signed a contract to provide
support for engines powering the Royal Saudi Air Force fleet of Tornado combat
aircraft.
The four-year agreement provides the repair of modules, accessories and
components and a package of new spares for the Tornado's RB199 engines.
The contract has been agreed with the Saudi Maintenance and Supply Chain
Management Company which acts as the logistics supplier to BAE Systems in Saudi
Arabia. It enables the Royal Saudi Air Force to benefit from a schedule of
fixed price maintenance which seeks to reduce the cost of engine operations.
Nick Durham, Rolls-Royce President of Customer Business - Defence, said:
"We are delighted to have concluded this agreement which will provide the Royal
Saudi Air Force with support for its fleet of RB199 engines over the next four
years. The Air Force is a longstanding and valued customer and we will continue
to work together to provide the best possible support for its expanding
Rolls-Royce engine fleet."
The Middle East Propulsion Company (MEPC) will conduct some of the RB199 module
repair work in support of this contract in its recently opened facilities in
Riyadh. Rolls-Royce is also assisting MEPC to build up its capability to
support T56 engines powering the Royal Saudi Air Force's C-130 military
transport fleet.
Notes to Editors:
1. Rolls-Royce is a world-leading provider of power systems and services for
use on land, at sea and in the air, and has established a strong position in
global markets - civil aerospace, defence aerospace, marine and energy.
2. As a result of this strategy, Rolls-Royce has a broad customer base
comprising more than 500 airlines, 4,000 corporate and utility aircraft and
helicopter operators, 160 armed forces, more than 4,000 marine customers,
including 70 navies, and energy customers in more than 80 countries.
3. Annual underlying revenue was £11.3 billion in 2011, of which more than half
came from the provision of services. The firm and announced order book stood at
£60.1 billion at 30 June 2012, providing visibility of future levels of
activity.
4. Rolls-Royce employs over 40,000 people in offices, manufacturing and service
facilities in over 50 countries. Over 11,000 of these employees are engineers.
5. In 2011, Rolls-Royce invested £908 million on research and development, two
thirds of which had the objective of further improving the environmental
performance of its products, in particular reducing emissions.
6. Rolls-Royce supports a global network of 28 University Technology Centres,
which connect the company's engineers with the forefront of scientific
research.
7. The Group has a strong commitment to apprentice and graduate recruitment and
to further developing employee skills.
For further information, please contact:
Investors:
Simon Goodson
Director - Investor Relations
Rolls-Royce plc
Tel: +44 (0)20 7227 9237
simon.goodson@rolls-royce.com
Media:
Josh Rosenstock
Director of External Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
josh.rosenstock@rolls-royce.com
www.Rolls-Royce.com
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