Rolls-Royce Awarded $83.7 Million Contract for V-22 Engines for US Marines and Air Force

RESTON, Va.--(BUSINESS WIRE)--Rolls-Royce, the global power systems company, has been awarded an $83.7 million contract for engines to power 19 V-22 aircraft operated by the US Marine Corps and Air Force.

“Delivering reliable power is our constant focus at Rolls-Royce and we are dedicated to keeping those fleets mission ready for our customers.”

The contract, a modification of a prior agreement, includes a total of 38 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 contract demonstrates the trust the US Marine Corps and Air Force have in the Rolls-Royce AE 1107C engines which power their V-22 fleets.”

“Delivering reliable power is our constant focus at Rolls-Royce and we are dedicated to keeping those fleets mission ready for our customers.”

The Rolls-Royce AE 1107C engine is part of the AE product family, which has over 5,500 engines in service and more than 54 million flight hours, and exclusively powers the growing V-22 fleet for the US Marine Corps and Air Force. In addition to a dedicated team of Field Service Representatives, Rolls-Royce also supports the AE 1107C engine fleet through the new Defense Operations Center in Indianapolis, providing 24/7 real-time engineering support for V-22 operators.

Notes to Editors:

1. Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.

2. As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.

3. Annual underlying revenues were $17.7 billion* in 2011, of which more than half came from the provision of services. The firm and announced order book stood at $94 billion* at 30 June 2012, providing visibility of future levels of activity.

4. Rolls-Royce employs over 40,000 skilled people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.

5. In 2011, Rolls-Royce invested $1.4 billion* on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.

6. Rolls-Royce supports a global network of 28 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.

*Based on current exchange rates