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Rolls-Royce announced today that it has signed an agreement to sell its Energy gas turbine and compressor business to Siemens for a £785 million cash consideration.
Rolls-Royce has signed contracts with China Oilfield Services Ltd. (COSL), worth £19m. Rolls-Royce will deliver propulsion equipment for two deep-sea research vessels and one seismic vessel.
Rolls-Royce has won a £16m order to provide design, integrated power and propulsion systems and equipment for a large anchor handling tug supply (AHTS) offshore vessel for ship owner Secunda Canada LP.
Rolls-Royce has been chosen to design and deliver integrated ship equipment for two platform supply vessels (PSVs).
Rolls-Royce has won a £14m order to provide design, integrated power and propulsion systems and equipment for two offshore service vessels for the Norwegian ship owner Island Offshore.
Excluding adverse foreign exchange translation effects (estimated at £40m on profit and £300m on revenue, at current exchange rates), and a one-off charge in Marine (estimated at £30m) to rectify a product quality issue, the Group continues to expect revenue and profit to be flat for the full year, with free cash flow similar to 2013.
Following media reports, Rolls-Royce confirms it is in talks with Siemens regarding the sale of its Energy gas turbine and compressor business.
Azul Brazilian Airlines becomes new Rolls-Royce customer and signs engine services agreement worth $400M
Azul Brazilian Airlines today became a new Rolls-Royce customer with the announcement that it is to operate 11 Trent-powered Airbus aircraft. The airline has also signed an agreement worth $400m for TotalCare® engine service support.
Rolls-Royce awarded $39M to service AE 1107C engines for US Marine Corps and US Air Force V-22 aircraft
Rolls-Royce has been awarded $39 million to support AE 1107C engines for V-22 aircraft operated by the US Marine Corps and Air Force.
Rolls-Royce and Daimler agree on valuation of Daimler's equity interest in Rolls-Royce Power Systems
Rolls-Royce and Daimler today announce that they have agreed the valuation of Daimler's 50% equity interest in the joint venture Rolls-Royce Power Systems (RRPS).