Rolls-Royce Wins $52.2 Million Services Contract for AE 1107C Engines for US Marine Corps and US Air Force V-22 Aircraft

RESTON, Va.--(BUSINESS WIRE)--Rolls-Royce, the global power systems company, has won a $52.2 million contract to support AE 1107C engines for V-22 aircraft operated by the US Marine Corps and Air Force.

“This contract represents another vote of confidence in the support and services offered by Rolls-Royce to our US military customers.”

The contract, a modification of a prior agreement, includes repair and support services, with work carried out at Rolls-Royce facilities in Indianapolis, Indiana, and Oakland, California, as well as fleet support at customer bases. The contract for work in 2012-13 was awarded through the Naval Air Systems Command in Patuxent River, Maryland.

Paul Craig, Rolls-Royce, President – Defence Services, said, “This contract represents another vote of confidence in the support and services offered by Rolls-Royce to our US military customers.”

“We are focused on enabling our customers to keep their aircraft flying and supporting them every day to allow their missions to go forward.”

The Rolls-Royce AE 1107C turboshaft is part of the AE product family, which has over 5,000 engines in service and more than 53 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:

• 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, defense aerospace, marine and energy.
• 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.
• Annual underlying revenue was $18.1 billion* in 2011, of which more than half came from the sale of aftermarket services. The firm and announced order book stood at $96.2 billion* at June 30, 2012, providing visibility of future growth.
• Rolls-Royce employs over 40,000 people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
• In 2011, Rolls-Royce invested $1.4 billion* in research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
• Rolls-Royce supports a global network of 28 University Technology Centers, which connect the company’s engineers with the forefront of scientific research.
• The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.
• In North America, Rolls-Royce employs more than 9,300 people in 66 locations in 26 states and 7 sites in 6 Canadian provinces. In the United States, Rolls-Royce employs more than 7,700 people in 26 states.
• In the U.S., Rolls-Royce operates 15 manufacturing, assembly or test facilities in 10 states including California, Indiana, Louisiana, Maryland, Massachusetts, Mississippi, Ohio, Texas, Virginia and Washington.

* Assumed exchange rate: £1.00= $1.60