_Our consistent strategy
Expanding
product
portfolio
Astute class submarine
The Royal Navy’s latest class of nuclear submarine went to sea in 2009, powered by a new Rolls-Royce designed long-life core.
Airbus A400M airborne
Rolls-Royce is a major partner in the engine consortium powering the new airlifter, which flew for the first time in 2009.
STOVL F-35 milestone
The F-35B Lightning engaged its Rolls-Royce designed STOVL propulsion LiftSystem™, in flight, for the first time.
Gulfstream G650 jet airborne
Powered by the new BR725 engine, this new long-range business jet took to the air for the first time on schedule during 2009.
Littoral Combat Ship
Lockheed Martin's USS Freedom, powered by Rolls-Royce MT30 marine gas turbines, completed its sea trials.
Boeing 787 airborne
Trent 1000 engines powered the new Boeing 787 Dreamliner on a successful first flight at the end of 2009.
Our consistent strategy is based on five key elements
Address four global markets
We are a leading producer of mission critical, integrated, power systems for the civil and defence aerospace, marine and energy markets.
Invest in technology, infrastructure and capability
Over the past five years, we have invested £4 billion in R&D. We invest substantially in employee development and invest around £300 million a year in capital projects.
Develop a competitive portfolio of products and services
We have 39 major engineering programmes and we are involved in many of the future projects in the markets we serve. These key projects will define the power systems market for many years.
Grow market share and installed product base
Across the Group, the installed base of engines in service is expected to generate attractive returns over many decades.
Add value for our customers through the provision of product-related services
We seek to add value for our customers with aftermarket services that will enhance the performance and reliability of our products.
Underpinned by core characteristics
Closeness to our customers
We recognise that our customers determine our strategy and organisation.
Domain knowledge
A deep understanding of our customers and the way in which our products and services are used.
Integrated systems
Integrating our products into systems that deliver increased value for our customers.
Technological superiority
Gaining competitive advantage through continuous investment in technology.
Operational excellence
Working constantly to meet and exceed customer expectations.
Organisational capability
Attracting and retaining the best people globally.
Brand
Recognised globally, our brand embodies qualities that create a common focus for all our people worldwide.
Across four key markets
Civil aerospace
Broadest engine range in the world
£4,481m
Underlying revenue 2009
Defence aerospace
Europe’s biggest engine maker
£2,010m
Underlying revenue 2009
Marine
World-leading systems provider and integrator
£2,589m
Underlying revenue 2009
Energy
World leader in oil and gas and a growing power generation presence
£1,028m
Underlying revenue 2009
An increasing contribution from services
The increasing contribution from services
We have grown our service revenues ten per cent compound over the past ten years. Services now account for around 50 per cent of total underlying revenue.
Underlying services revenue 2009
£4,927m
A commitment to R&D creating high barriers to entry
A strong record of investment in research and development
We invest in world-class, cost-effective technology in order to develop products that add value for our customers, improve efficiency and reduce environmental impact.
Investment in research and development during 2009
£864m
Delivering a 20-year track record of continued growth
Our growth during the last 20 years has been achieved organically and through partnerships and acquisitions.
Organic growth
Our broad product range and expanding service provision have delivered growth globally.
Partnerships
We increasingly develop products with risk and revenue sharing partners and through strategic long-term relationships.
Acquisition
Major acquisitions such as Allison and Vickers have enabled growth in key sectors.