Rolls-Royce Awarded $90.1m V-22 Engine Contract

RNS Number : 6375A

Rolls-Royce Holdings plc

24 February 2014

 



24 February 2014

ROLLS-ROYCE AWARDED US$90.1 MILLION CONTRACT FOR V-22 ENGINES

FOR US MARINE CORPS

Rolls-Royce has been awarded a US$90.1 million production contract for engines to power MV-22 aircraft operated by the US Marine Corps.

The contract, a modification of a prior agreement, includes a total of 40 Rolls-Royce AE 1107C engines manufactured in Indianapolis, Indiana. The contract was awarded through the Naval Air Systems Command in Patuxent River, Maryland.

Tom Bell, Rolls-Royce, President - Defence, said, "This production contract reflects continued confidence in the capability and reliability of the Rolls-Royce AE 1107C engines powering the MV-22 fleet. Continual innovation has led to increases in power, dependability and time on wing as we strive to anticipate and meet the mission needs of the US Marine Corps."

Robust and combat-proven, the Rolls-Royce AE 1107C turboshaft is part of the AE product family, which has over 5,800 engines in service and nearly 60 million flight hours. The AE 1107 exclusively powers the growing V-22 fleet for the US Marine Corps and Air Force.

Rolls-Royce has developed engine modifications to deliver 17 percent additional power to the AE 1107C. These power enhancements, along with various reliability improvements, were developed at Rolls-Royce expense and are being implemented under the MissionCare support contract. Combined, the improvements have increased "hot and high" performance while significantly increasing time on wing.

In addition to a dedicated team of Field Service Representatives, Rolls-Royce also supports the AE 1107C engine fleet through the Defense Operations Center in Indianapolis, providing 24/7 real-time engineering support for V-22 operators.

About Rolls-Royce plc

1.   Rolls-Royce's vision is to create better power for a changing world via two main business segments, Aerospace and Marine & Industrial Power Systems (MIPS). These businesses address their markets with two strong technology platforms, gas turbines and reciprocating engines, for use on land, at sea and in the air.

2.   Aerospace comprises Civil Aerospace and Defence Aerospace. MIPS comprises Marine, Energy, Nuclear and Power Systems. Power Systems includes Rolls-Royce's 50% ownership of Rolls-Royce Power Systems (RRPS), a joint venture with Daimler AG. RRPS was fully consolidated in the results of Rolls-Royce plc for the first time in 2013.

3.   Rolls-Royce has a broad customer base comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers, including 70 navies, and 1,600 energy and nuclear customers in 120 countries.

4.   Annual underlying revenue was £15.5 billion in 2013, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £71.6 billion at 31 December 2013.

5.   Rolls-Royce employs over 55,000 people in offices, manufacturing and service facilities in 45 countries. Over 17,000 of these employees are engineers.

6.   In 2013, Rolls-Royce invested £1.1 billion on research and development. We also support a global network of 29 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. In 2013 we employed 379 graduates and 288 apprentices to our programmes worldwide.

For further information, please contact:

Media:

Richard Wray

Director of External Communications

Rolls-Royce plc     

Tel: [phone]

[e-mail]

Investors:

Simon Goodson                                                      

Director - Investor Relations                                    

Rolls-Royce plc

Tel: [phone]                                         

[e-mail]                             

www.rolls-royce.com 

 

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