We have followed a consistent strategy for many years, based on five key elements:
We are a leading power systems company operating in the civil and defence aerospace, marine and energy markets.
Over the past five years, we have invested more than £3 billion in research and development. We invest approximately £30 million annually on training and some £250 million a year on capital projects.
We have more than 50 current product programmes and we are involved in many of the major future projects in the markets we serve. These key projects will define the power systems market for many years.
Across the Group, the installed base of engines in service is expected throughout their long product lives to generate attractive returns over several decades.
We seek to add value for our customers with aftermarket services that will enhance the performance and reliability of our products.