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Rolls-Royce receives Civil Certifications for turbine engines to support Chinese general aviation market
Rolls-Royce has received certifications from the Civil Aviation Administration of China (CAAC) for various models of the M250 turboprop and turboshaft engines as well as the RR300 helicopter engine.
Rolls-Royce has announced orders from a variety of international customers for its offshore ship designs and equipment worth more than £60m.
Rolls-Royce has announced that it has appointed Mikael Makinen as President of its Marine business. Mikael joins from McGregor, where he was President, and before that he held a number of senior positions at Cargotec and Wärtsilä.
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.