The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRolls-Royce Regulatory News (RR.)

Share Price Information for Rolls-Royce (RR.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 405.70
Bid: 405.90
Ask: 406.10
Change: -11.30 (-2.71%)
Spread: 0.20 (0.049%)
Open: 414.10
High: 414.20
Low: 400.50
Prev. Close: 417.00
RR. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

B-52 Commercial Engine Replacement Program

27 Sep 2021 07:00

RNS Number : 9801M
Rolls-Royce Holdings plc
27 September 2021
 

27th September 2021

 

Rolls-Royce North America selected to power the B-52

Commercial Engine Replacement Program

 

 

Rolls-Royce (LSE:RR., ADR:RYCEY) announces Rolls-Royce North America has been selected to provide the powerplant for the B-52 Stratofortress under the Commercial Engine Replacement Program (CERP), further extending a long history of powering the United States Air Force. The decision means the American-made Rolls-Royce F-130 engine will power the B-52 for the next 30 years. The Air Force made the announcement after a vigorous multi-year competition.

 

The F130 and its commercial family of engines have accumulated more than 27 million engine flight hours. The F130 is the perfect fit for the B-52 with proven reliability, superb life cycle cost, and low integration risk. A variant of the Rolls-Royce engine selected to power the iconic B-52 is already in service with the USAF around the world, powering both the C-37 and E-11 BACN aircraft.

 

Tom Bell, Chairman & CEO, Rolls-Royce North America, and President - Defence, said, "We are proud to join a truly iconic U.S. Air Force program and provide world-class, American-made engines that will power its missions for the next 30 years. The F130 is a proven, efficient, modern engine that is the perfect fit for the B-52."

 

The F130 offers outstanding reliability with high mission readiness and low maintenance demands. Once installed, the F130 can stay on wing for the entire planned B-52 lifetime. In addition, the F130 engine will provide vastly greater fuel efficiency, increased range, and reduced tanker aircraft requirements. As importantly, the engine is ready for integration using Rolls-Royce state-of-the-art Digital Engineering tools.

 

Rolls-Royce will build and test the F130 engines at its Indianapolis, Indiana, facility following the recent completion of a $600 million investment to revitalize the advanced manufacturing campus -- providing some of the most technologically advanced state-of-the-art manufacturing facilities anywhere in the world. The B-52 CERP win creates demand for 650 engines to be produced at the site and will bring 150 new high-tech, high-skilled jobs for the state of Indiana.

 

Craig McVay, SVP Strategic Campaigns, Rolls-Royce Defence said: "This is a major win for Rolls-Royce. We've been planning and preparing for this outcome and are ready to hit the ground running to prove that we are the best choice for the Air Force and the B-52. Our employees stand prepared to deliver once again for the men and women who protect our freedoms every day."

 

Rolls-Royce has a long and successful history providing the power to protect for U.S. military customers, having delivered thousands of engines to the U.S. Air Force for more than 70 years. Rolls-Royce powers C-130H, C-130J, CV-22 Osprey and Global Hawk in the USAF fleet - all engines designed and manufactured in Indianapolis.

 

"We couldn't have reached this outcome on our own," stated Tom. "Rolls-Royce is deeply appreciative of the strong support we have received from partners at the federal, state and city level. Thank you for all you've done to support our bid. This is a truly great day for Rolls-Royce, the State of Indiana, City of Indianapolis and the future of the B-52 program."

 

For more information about the Rolls-Royce F130 engine for B-52, go to: www.newB-52engines.com

 

 

 

For further information, please contact:

 Media

Hannah Wood

External Communications and Marketing Manager, Defence UK and International

Tel +44 (0)7747 203653

hannah.wood@rolls-royce.com

 

Investors

Isabel Green

Head of Investor Relations, Rolls-Royce plc

Tel +44 (0) 7880 160976

Isabel.Green@Rolls-Royce.com

 

www.rolls-royce.com

 

 

About Rolls-Royce Holdings plc

 

1. Rolls-Royce pioneers the power that matters to connect, power and protect society. We have pledged to achieve net zero greenhouse gas emissions in our operations by 2030 (excluding product testing) and joined the UN Race to Zero campaign in 2020, affirming our ambition to play a fundamental role in enabling the sectors in which we operate achieve net zero carbon by 2050.

2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers.

3. Annual underlying revenue was £11.76 billion in 2020 and we invested £1.25 billion on research and development. We also support a global network of 28 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

4. Rolls-Royce Holdings plc is publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCDKABNBBKDPCB
Date   Source Headline
19th May 20201:44 pmRNSDirector Declaration
11th May 20204:41 pmRNSDirector/PDMR Shareholding
11th May 20204:41 pmRNSDirector/PDMR Shareholding
7th May 20203:52 pmRNSResult of AGM & GM
7th May 20207:00 amRNSAGM Statement
6th May 20209:15 amRNSHolding(s) in Company
5th May 20204:00 pmRNSDirector/PDMR Shareholding
29th Apr 202010:32 amRNSDisclosure of rights attached to listed securities
9th Apr 202012:00 pmRNSNotice of GM
9th Apr 20209:42 amRNSDirector/PDMR Shareholding
7th Apr 20201:33 pmRNSDirector/PDMR Shareholding
6th Apr 20204:51 pmRNSHolding(s) in Company
6th Apr 20207:00 amRNSTrading Update
3rd Apr 202010:00 amRNSHolding(s) in Company
2nd Apr 20204:58 pmRNSHolding(s) in Company
27th Mar 20209:09 amRNSDirector Declaration
26th Mar 20209:00 amRNSAnnual Report 2019 and Annual General Meeting 2020
17th Mar 20202:53 pmRNSDirector/PDMR Shareholding
12th Mar 20203:55 pmRNSHolding(s) in Company
10th Mar 20203:05 pmRNSDirector/PDMR Shareholding
10th Mar 20203:02 pmRNSDirector/PDMR Shareholding
6th Mar 20201:45 pmRNSDirector/PDMR Shareholding
3rd Mar 202012:47 pmRNSDirector/PDMR Shareholding
28th Feb 20207:15 amRNSDirectorate Change
28th Feb 20207:00 amRNS2019 Full Year Results
7th Feb 202012:19 pmRNSDirector/PDMR Shareholding
22nd Jan 20208:14 amRNSDirector Declaration
8th Jan 20202:08 pmRNSDirector/PDMR Shareholding
8th Jan 202012:23 pmRNSDirector/PDMR Shareholding
7th Jan 202011:47 amRNSDirector/PDMR Shareholding
31st Dec 20199:00 amRNSTotal Voting Rights
11th Dec 20199:38 amRNSDirector/PDMR Shareholding
10th Dec 20197:00 amRNSDirectorate Change
9th Dec 20192:22 pmRNSDirector/PDMR Shareholding
29th Nov 201912:09 pmRNSTotal Voting Rights
8th Nov 20193:36 pmRNSDirector/PDMR Shareholding
7th Nov 201912:21 pmRNSDirector/PDMR Shareholding
7th Nov 20197:10 amRNSDirectorate Change
7th Nov 20197:00 amRNSTrading and Trent 1000 Update
6th Nov 201912:17 pmRNSHolding(s) in Company
1st Nov 20194:00 pmRNSDirector/PDMR Shareholding
31st Oct 20193:17 pmRNSHolding(s) in Company
31st Oct 201912:07 pmRNSTotal Voting Rights
23rd Oct 201911:56 amRNSHolding(s) in Company
21st Oct 20192:43 pmRNSDirector Declaration
16th Oct 20193:11 pmRNSDirector/PDMR Shareholding
8th Oct 20191:25 pmRNSDirector/PDMR Shareholding
7th Oct 201911:45 amRNSDirector/PDMR Shareholding
30th Sep 201912:00 pmRNSTotal Voting Rights
30th Sep 20199:00 amRNSChange of Registered Office

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.