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Rolls-Royce secures $1.2bn defence services contract

By Michele Maatouk

Date: Tuesday 26 Nov 2019

Rolls-Royce secures $1.2bn defence services contract

(Sharecast News) - Aerospace and defence giant Rolls-Royce said on Tuesday that it has secured a five-year defence services contract worth $1.2bn


The MissionCare contract is to maintain AE 1107C engines on US Marine Corps, Navy and Air Force V-22 aircraft.

Under the terms of the contract, Rolls-Royce will be responsible for all aspects of propulsion system support.

Paul Craig, president of the defence services division, said: "Rolls-Royce has supported the warfighter and these remarkable, revolutionary aircraft since they entered service in 2007.

"Our MissionCare services model ensures the warfighters are focused on their missions, not their engine availability. Rolls-Royce is proud to serve the Marine Corps, Navy and Air Force and contribute to the success of V-22 missions around the world."

At 1310 GMT, the shares were up 0.3% at 744p.





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