16 January 2013
ROLLS-ROYCE WINS NEW ENGINE SUPPORT CONTRACT IN SAUDI ARABIA
Following agreement between the Governments of the Kingdom of Saudi Arabia and the United Kingdom, under the Saudi British
Defence Co-operation Programme, Rolls-Royce, the global power
systems company, has signed a contract to provide support for
engines powering the Royal Saudi Air Force fleet of Tornado combat
aircraft.
The four-year agreement provides the repair of modules,
accessories and components and a package of new spares for the
Tornado's RB199 engines.
The contract has been agreed with the Saudi Maintenance and
Supply Chain Management Company which acts as the logistics
supplier to BAE Systems in Saudi
Arabia. It enables the Royal Saudi Air Force to benefit from
a schedule of fixed price maintenance which seeks to reduce the
cost of engine operations.
Nick Durham, Rolls-Royce
President of Customer Business - Defence, said:
"We are delighted to have concluded this agreement which will
provide the Royal Saudi Air Force with support for its fleet of
RB199 engines over the next four years. The Air Force is a
longstanding and valued customer and we will continue to work
together to provide the best possible support for its expanding
Rolls-Royce engine fleet."
The Middle East Propulsion Company (MEPC) will conduct some of
the RB199 module repair work in support of this contract in its
recently opened facilities in Riyadh. Rolls-Royce is also assisting MEPC to
build up its capability to support T56 engines powering the Royal
Saudi Air Force's C-130 military transport fleet.
Notes to Editors:
1. Rolls-Royce is a world-leading provider of power systems and
services for use on land, at sea and in the air, and has
established a strong position in global markets - civil aerospace,
defence aerospace, marine and energy.
2. As a result of this strategy, Rolls-Royce has a broad
customer base comprising more than 500 airlines, 4,000 corporate
and utility aircraft and helicopter operators, 160 armed forces,
more than 4,000 marine customers, including 70 navies, and energy
customers in more than 80 countries.
3. Annual underlying revenue was £11.3 billion in 2011, of which
more than half came from the provision of services. The firm and
announced order book stood at £60.1 billion at 30 June 2012, providing visibility of future
levels of activity.
4. Rolls-Royce employs over 40,000 people in offices,
manufacturing and service facilities in over 50 countries. Over
11,000 of these employees are engineers.
5. In 2011, Rolls-Royce invested £908 million on research and
development, two thirds of which had the objective of further
improving the environmental performance of its products, in
particular reducing emissions.
6. Rolls-Royce supports a global network of 28 University
Technology Centres, which connect the company's engineers with the
forefront of scientific research.
7. The Group has a strong commitment to apprentice and graduate
recruitment and to further developing employee skills.
For further information, please contact:
Investors:
Simon Goodson
Director - Investor Relations
Rolls-Royce plc
Tel: +44 (0)20 7227 9237
simon.goodson@rolls-royce.com
Media:
Josh Rosenstock
Director of External Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
josh.rosenstock@rolls-royce.com
www.Rolls-Royce.com