US Air Force Awards Rolls-Royce AE2100 contract

RNS Number : 7513W

Rolls-Royce Holdings plc

12 November 2014

 



 

12 November 2014

US AIR FORCE AWARDS ROLLS-ROYCE MULTI-MILLION DOLLAR

AE 2100 ENGINE CONTRACT  

The US Air Force has awarded a contract worth over $100 million to Rolls-Royce to purchase spare engines and parts for its C-130J fleet and to support Foreign Military Sales customers.

Rolls-Royce AE 2100 engines power all C-130J aircraft in the US military and global fleets, while legacy C-130 aircraft are powered by Rolls-Royce T56 engines.

Tom Hartmann, Rolls-Royce, Senior Vice President, Customer Business, said, "Rolls-Royce  AE 2100 engines provide the dependable, efficient power required by the US Air Force and our allies to complete their transport missions with the C-130J fleet. We also successfully manage propulsion support for the Air Force to keep its C-130J fleet operating at peak efficiency, while continuing to focus on affordability for our customers."

The AE 2100 is part of the Rolls-Royce AE family of engines, with nearly 6,000 total engines delivered and more than 61 million flight hours across the military and commercial fleets. 

About Rolls-Royce Holdings plc

1.   Rolls-Royce's vision is to create better power for a changing world via two main business segments, Aerospace and Land & Sea. These business segments address markets with two strong technology platforms, gas turbines and reciprocating engines.

2.   Aerospace comprises Civil Aerospace and Defence Aerospace. Land & Sea comprises Marine, Nuclear & Energy and Power Systems. On 6 May 2014 Rolls-Royce announced it had signed an agreement to sell its Energy gas turbine and compressor business to Siemens for a £785m cash consideration. On completion, expected before the end of December 2014, Rolls-Royce will receive a further £200 million for a 25 year licensing agreement.

3.   Rolls-Royce has customers in more than 120 countries, 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.

4.   Our business is focused on the 4Cs:

·     Customer - placing the customer at the heart of our business

·     Concentration - deciding where to grow and where not to

·     Cost - continually looking to increase efficiency

·     Cash - improving financial performance.

5.   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 £70.4 billion at 30 June 2014.

6.   In 2013, Rolls-Royce invested £1.1 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

7.   Rolls-Royce employs over 55,000 people in 45 countries. Over 17,000 of these are engineers.

8.   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 through our worldwide training programmes. Globally we have over 1,000 Rolls-Royce STEM ambassadors who are actively involved in education programmes and activities; we have set ourselves a target to reach 6 million people through our STEM outreach activities by 2020.

For further information, please contact:

Investors:                                                                             

Jilinda Crowley                                                                       

Acting Director - Investor Relations                                       

Rolls-Royce plc                                                                     

Tel: [phone]                                                      

[e-mail] 

Media:

Richard Wray

Director of External Communications

Rolls-Royce plc

Tel:      [phone]

Mobile [phone]

Email:  [e-mail]

www.Rolls-Royce.com

 

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