Rolls-Royce notes the recent press speculation and confirms that it has received a preliminary and conditional indication of interest from Indra to acquire a majority stake in ITP Aero.
This indication of interest is subject to a number of conditions. There is no certainty that this will result in a transaction involving ITP Aero.
ITP Aero is a key partner for Rolls-Royce, and Rolls-Royce intends to retain a long-term relationship with the business across its Civil Aerospace and Defence programmes.
Any further announcement will be made as appropriate.
This announcement has been determined to contain inside information.