Re Contract

RNS Number : 5126D
Rolls-Royce Holdings plc
31 March 2014
 



31 March 2014

 

 

ROLLS-ROYCE SUPPORTS US MARINE CORPS KC-130Js THROUGH $50 MILLION CONTRACT

 

Rolls-Royce has been awarded a contract to support the US Marines Corps fleet of KC-130J air-to-air refuelling tankers, worth more than $50 million.

The MissionCare contract covers sustainment services for more than 200 Rolls-Royce AE 2100 engines as well as propellers and other propulsion system repairs for the KC-130J fleet. The one-year contract also covers the deployment of Rolls-Royce Field Service Representatives at multiple bases.

Paul Craig, Rolls-Royce, President - Defence Customer Services, said: "Our mission is to ensure these aircraft are ready to fly when needed and we continually focus on delivering innovative and cost effective support for our customers."

In addition to support for 47 Marine Corps aircraft, three KC-130Js for Kuwait will be supported via the U.S. Foreign Military Sales programme. The contract was awarded by Naval Air Systems Command, Patuxent River, Md., and is a follow-on to a prior support agreement.

Through MissionCare, Rolls-Royce offers a suite of services, tailored to each military customer's needs, which focuses on increasing propulsion system availability and reducing costs.

The Rolls-Royce AE 2100 engine is part of the AE product family, which has over 5,800 engines in service which have accumulated nearly 60 million flight hours. Rolls-Royce also supports the KC-130J engine fleet through its Defense Operations Center in Indianapolis, providing 24/7 real-time engineering support for operators of a variety of aircraft for the USMC and other military branches.

 

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 Marine & Industrial Power Systems (MIPS). These business segments address 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. Rolls-Royce currently has 50% ownership of Rolls-Royce Power Systems (RRPS), a collaboration with Daimler AG. RRPS was fully consolidated in the results of Rolls-Royce Holdings plc for the first time in 2013. On 7 March, 2014, Daimler announced their intention to exercise their put option to sell their 50% share in RRPS to Rolls-Royce Holdings plc.

 

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 £71.6 billion at 31 December 2013.

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 position Rolls-Royce engineers with 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.

 

For further information, please contact:

 

Media:

Richard Wray

Director of External Communications

Rolls-Royce plc     

Tel: +44 (0)7974 918416 

richard.wray@rolls-royce.com

 

Investors:

Simon Goodson         

Director - Investor Relations 

Tel: +44 (0)20 7227 9237      

simon.goodson@rolls-royce.com     

 

www.Rolls-Royce.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTUWABRSBAOUAR
UK 100

Latest directors dealings