Rolls Royce will end Aerospace and Land and Sea (ALS) division as part of their management restructuring to reduce costs.
Rolls Royce will be removing a layer of senior management in the ALS division. From the first of January 2016, Rolls-Royce plans to operate five market facing businesses, with the Presidents of Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems reporting directly to the Chief Executive, the company said in a statement Wednesday.
The new structure will clarify executive accountabilities, intensify leadership focus on operational performance and allow Rolls-Royce to build on its world class engineering capabilities. It is part of a transformation programme designed to make Rolls-Royce a more resilient business and generate incremental gross cost savings of £150-200m per annum, with benefits accruing from 2017. A further update on the cost and range of the programme will be given in February 2016.
Warren East, Chief Executive, said, “The changes we are announcing today are the first important steps in driving operational excellence and returning Rolls-Royce to its long-term trend of profitable growth.”
As a consequence of these changes Tony Wood (President Aerospace) has decided to leave the company and Lawrie Haynes (President Land & Sea) has decided to retire. Both will remain with the business into 2016 in order to assist with the transition to the new structure.
ARKIA Israeli Airlines has choosen up to four Airbus A330-900neo aircraft powered by Rolls Royce's Trent 7000 engine. The Trent 7000 brings together the experience from the Trent 700 - the engine of choice for the current A330 and architecture as well as technology from the Trent 1000 TEN, the latest version of the Trent 1000 engine, stated in the companys press release on Monday
Rolls-Royce is being awarded a $90 million modification contract for the procurement of 40 AE1107C install engines in support of the MV-22 aircraft for the United States Marine Corps. Work is expected to be completed in November 2015
Rolls Royce has been awarded a $182 million modification to an existing contract for C-130J propulsion system sustainment. The contract modification provides for the exercise of the seventh annual option, a one-year ordering period for sustainment services including logistics support, program management support, engineering services, spares, and technical data in support of the C-130J propulsion system
Rolls-Royce has won a $408 million contract from US department of defense to provide MissionCare maintenance support for V-22 Osprey vertical take-off aircraft engines. MissionCare is a performance-based logistics concept that includes an engine hourly charge based on hours flown; program management, which covers integrated logistics support, including support equipment requirements data, supportability analysis data and updates, configuration management tracking, formal training, supply management, and contract/business administration
Rolls-Royce is being awarded $41 million contract to provide MissionCare maintenance support for the V-22 AE1107C engines for the Marine Corps and Air Force. MissionCare is a performance-based logistics concept that includes the following: an engine hourly charge based on hours flown, program management, which covers integrated logistics support, including support equipment requirements data, supportability analysis data and updates, configuration management tracking, formal training, supply management, and contract/business administration; site support, which covers informal technical training, maintenance technical advice, engineering support, and engine repair, US department of defense said in a statement Monday
Rolls-Royce has won a $118 million contract to procure 50 AE1107C engines and associated spares to support MV-22 aircraft for the US Marine Corps and the government of Japan. The contract involves procurement of 38 engines for the US Marine Corps and 12 for the Japanese government, US Department of Defense said in a statement Tuesday
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