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United Kingdom

Rolls-Royce Holdings PLC (RR.L)

RR.L on London Stock Exchange

872.00GBp
19 Oct 2018
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-1.40 (-0.16%)
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Latest Key Developments (Source: Significant Developments)

Rolls-Royce To Supply Battery System For Two Golden Energy Offshore Vessels
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE COMMERCIAL MARINE RECEIVED ORDER TO DELIVER BATTERY-POWERED ENERGY SYSTEM FOR 2 OFFSHORE VESSELS BY GOLDEN ENERGY OFFSHORE.  Full Article

Ana Says Domestic Flight Cancellations For Engine Inspection Total 619 Flights In July, 378 In August
Tuesday, 31 Jul 2018 

July 31 (Reuters) - ANA Holdings Inc <9202.T>::JAPAN’S ANA SAYS SEES LOST REVENUES OF 3.5 BILLION YEN ($31.48 million) FROM JULY, AUGUST FLIGHT CANCELLATIONS, PLANS TO CLAIM BACK FROM ROLLS-ROYCE.ANA SAYS DOMESTIC FLIGHT CANCELLATIONS FOR ENGINE INSPECTION TOTAL 619 FLIGHTS IN JULY, 378 IN AUGUST.  Full Article

Rolls-Royce And TSK Agree Contract To Deliver Five Power Plants Across Chile
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE AND TSK TO DELIVER FIVE POWER PLANTS, 475 MW OF BACKUP CAPACITY FOR CHILE’S NATIONAL ELECTRICITY GRID.ROLLS-ROYCE - CONSORTIUM OF EPC CONTRACTOR TSK & CO SIGNED ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACT WITH PRIME ENERGÍA QUICKSTART SPA.ROLLS-ROYCE - ORDER TO DELIVER THE POWER PLANTS TO THE FIRST THREE LOCATIONS HAS BEEN OFFICIALLY PLACED WITH THE CONSORTIUM.ROLLS-ROYCE - ORDER FOR THE TWO ADDITIONAL PLANTS SCHEDULED TO FOLLOW SHORTLY.  Full Article

Rolls-Royce Says Signs MoU To Be Bruce Power's Digital Partner
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Rolls-Royce Holdings PLC ::BRUCE POWER AND ROLLS-ROYCE EXPAND DIGITAL PARTNERING.NEW AGREEMENT EXPANDS THE TWO COMPANIES’ CURRENT T-104 PROGRAM, WHICH HAS EXCEEDED ITS VALUE DELIVERY TARGETS SINCE STARTING IN 2017.ROLLS-ROYCE HAS SIGNED A MEMORANDUM OF UNDERSTANDING TO BE BRUCE POWER'S DIGITAL PARTNER.ALSO AGREED TO BE A CHARTER PARTNER TO BRUCE POWER’S RECENTLY ANNOUNCED ONTARIO NUCLEAR INNOVATION INSTITUTE.  Full Article

Rolls-Royce To Sell Commercial Marine Business To KONGSBERG
Friday, 6 Jul 2018 

July 6 (Reuters) - Rolls-Royce Holdings PLC ::TO SELL ITS COMMERCIAL MARINE BUSINESS, TO KONGSBERG, FOR AN ENTERPRISE VALUE OF £500M AND NET PROCEEDS OF AROUND £350M TO £400M.SALE INCLUDES PROPULSION, DECK MACHINERY, AUTOMATION AND CONTROL.KONGSBERG WILL HAVE ACCESS TO PRODUCTS FROM BERGEN ENGINES, WHICH REMAINS PART OF ROLLS-ROYCE POWER SYSTEMS.ROLLS-ROYCE POWER SYSTEMS WILL CONTINUE TO SUPPLY MTU ENGINES TO A RANGE OF CUSTOMERS IN THE MARINE MARKET.DISPOSAL IS EXPECTED TO HAVE HAD AROUND A £50M POSITIVE PROFIT IMPACT BASED ON 2017 PRO FORMA FIGURES.TRANSACTION HAS BEEN APPROVED BY THE BOARDS OF BOTH ROLLS-ROYCE AND KONGSBERG AND IS EXPECTED TO CLOSE IN Q1 2019.  Full Article

KONGSBERG Enters Into Agreement To Acquire Rolls-Royce Commercial Marine
Friday, 6 Jul 2018 

July 6 (Reuters) - Kongsberg Gruppen ASA ::KONGSBERG HAS ENTERED INTO AGREEMENT TO ACQUIRE ROLLS-ROYCE COMMERCIAL.KONGSBERG HAS ENTERED INTO AGREEMENT TO ACQUIRE ROLLS-ROYCE COMMERCIAL.PARTIES HAVE AGREED A VALUE FOR ROLLS-ROYCE COMMERCIAL MARINE OF GBP 500 MILLION (ON A CASH AND DEBT FREE BASIS AND WITH WORKING CAPITAL AT AN AGREED LEVEL).FINAL PURCHASE PRICE, WILL BE DETERMINED BASED ON ROLLS-ROYCE COMMERCIAL MARINE'S CASH, DEBT AND WORKING CAPITAL AT TIME OF COMPLETION OF TRANSACTION..WILL FINANCE ACQUISITION OF ROLLS-ROYCE COMMERCIAL MARINE THROUGH A COMBINATION OF NEW EQUITY AND A NEW BOND LOAN.WILL FINANCE ACQUISITION OF ROLLS-ROYCE COMMERCIAL MARINE THROUGH A COMBINATION OF NEW EQUITY AND A NEW BOND LOAN.PURCHASE PRICE WILL BE PAID IN CASH UPON COMPLETION OF TRANSACTION..  Full Article

Rolls-Royce says accelerating development of permanent fix for Package C engines rotor issue
Wednesday, 30 May 2018 

May 30 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE TRENT 1000 OPERATIONAL RESPONSE.ROLLS-ROYCE - RESPONDING WITH RANGE OF ACTIVITIES TO SUPPORT CUSTOMERS EXPERIENCING DISRUPTION FROM RESULT OF REQUIREMENT FOR INCREASED INSPECTIONS ON TRENT 1000 PACKAGE C ENGINES.ROLLS-ROYCE HOLDINGS PLC - "FULLY RECOGNISE THE UNACCEPTABLE LEVELS OF DISRUPTION OUR CUSTOMERS ARE FACING.".ROLLS-ROYCE - ALSO ACCELERATING THE DEVELOPMENT OF THE PERMANENT FIX TO THE INTERMEDIATE PRESSURE COMPRESSOR ROTOR ISSUE SEEN ON PACKAGE C ENGINES.ROLLS-ROYCE - AIM TO HAVE FIRST PARTS AVAILABLE FOR ENGINE OVERHAUL IN LATE 2018, RATHER THAN 2019 AS ORIGINALLY PLANNED.ROLLS-ROYCE-DEVELOPED NEW ON-WING INSPECTION TECHNIQUES TO SUPPORT AIRLINES IN MEETING REQUIREMENTS OF AIRWORTHINESS DIRECTIVES AS QUICKLY, EFFICIENTLY AS POSSIBLE.ROLLS-ROYCE HOLDINGS PLC - ASSESSMENT OF THE FINANCIAL IMPLICATIONS OF TRENT 1000 PACKAGE C IN-SERVICE ISSUES REMAINS UNCHANGED.ROLLS-ROYCE- EXPECT NUMBER OF AIRCRAFT AFFECTED TO RISE IN SHORT TERM, AS THE DEADLINE FOR COMPLETION OF INITIAL INSPECTIONS APPROACHES.  Full Article

Rolls-Royce Says MT30 Marine Gas Turbine Selected To Power Japan's New Frigate
Monday, 21 May 2018 

May 21 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE SELECTED TO SUPPLY MT30 GAS TURBINE TO POWER NEW CLASS OF FRIGATES FOR JAPAN MARITIME SELF DEFENCE FORCE.  Full Article

Rolls-Royce Says Signs Cooperation Agreement With Siem Offshore
Wednesday, 9 May 2018 

May 9 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE AND SIEM OFFSHORE FORMALISE LONG-TERM COOPERATION WITH FIVE YEAR DECK MACHINERY MAINTENANCE AGREEMENT.FIVE-YEAR MAINTENANCE INSPECTION PROGRAMME IS THE FORMALISATION OF A COOPERATION AGREEMENT BETWEEN ROLLS-ROYCE AND SIEM OFFSHORE.  Full Article

Rolls-Royce Signs Contract To Deliver Ship Design And Equipment To New Fishing Vessel
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Rolls-Royce Holdings PLC ::SIGNED CONTRACT TO DELIVER SHIP DESIGN, EXTENSIVE RANGE OF EQUIPMENT TO A 70-METRE LONG STERN TRAWLER TO BE BUILT FOR OLYMPIC SEAFOOD IN NORWAY.  Full Article

Safran CEO sees limited room for rival engines on new Boeing jet

HAMBURG, Oct 11 Safran expects Boeing to decide next year which engines will power its proposed new mid-market airliner, but the chief executive of the French jet engine manufacturer voiced reservations about there being room for more than one supplier.