Update on Rolls-Royce UTC collaboration

RNS Number : 4622O

Rolls-Royce Holdings plc

19 September 2013

 



 

 

19 September, 2013

Update on Rolls-Royce UTC collaboration

In October 2011, Rolls-Royce and United Technologies Corp. (UTC) announced their intention to form a new joint venture to develop an engine to power future mid-size aircraft (120-230 passenger aircraft).

Following further discussion, and because of the current regulatory environment, the parties have agreed not to proceed with the partnership.

Rolls-Royce remains fully committed to this important market segment and will continue to invest in technologies that will enable us to take advantage of opportunities as they arise.

For further information, please contact:

Investors:                                                                  

Simon Goodson                                                      

Director - Investor Relations                                    

Rolls-Royce plc

Tel: [phone]                                         

[e-mail]                             

Media:

Jane Terry

Director of External Communications

Rolls-Royce plc     

Tel: [phone]       

[e-mail]

www.rolls-royce.com

 

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