Rolls-Royce, Safran To Transfer RTM322 Helo Engine Program To Turbomeca | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 09.29.14 ** HD iPad-Friendly -- Airborne 09.29.14**
** Airborne 09.26.14 ** HD iPad-Friendly -- Airborne 09.26.14 **
** Airborne 09.24.14 ** HD iPad-Friendly -- Airborne 09.24.14 **

Wed, Apr 24, 2013

Rolls-Royce, Safran To Transfer RTM322 Helo Engine Program To Turbomeca

Other RR Helicopter Engines Not Affected By The Transaction

Rolls-Royce has reached an agreement to sell its shareholding and interest in the RTM322 helicopter engine program to Turbomeca (a Safran company).  Rolls-Royce's 50 per cent interest in the engine program will be progressively transferred to Turbomeca, which will then hold 100 per cent of the RTM322 program. Rolls-Royce will receive a cash consideration of €293 million ($381 million) for its shareholding and interest in the program.

Turbomeca will assume full responsibility for the design, production and support of the RTM322 engine (pictured), which powers the Apache, EH101 Merlin and NH90 helicopters. Rolls-Royce will provide full assistance to Turbomeca during the multi-year transition period to ensure all RTM322 customers continue to receive effective support.
 
The RRTM Adour engine program, which powers the Hawk and Jaguar aircraft, is unaffected by this agreement, as are the other helicopter engine programs in the Rolls-Royce portfolio. The sale is expected to complete before year end, subject to closing conditions.
 
Work is expected to be transferred to Turbomeca over three years and Rolls-Royce says it will work closely with employee representatives to manage any employment impact.

FMI: www.rolls-royce.com

Advertisement

More News

Airborne 09.29.14: Young Eagle Tragedy, Overdue Hoover Honors, Paperplane Record

Also: Low-Flying F16, UAVs For The Movie, Aerobatic Pilot Bails Out, Bombardier Safety Stand Down, MVP Takes On The World We are sad to report that a Young Eagle flight went down o>[...]

Airborne 09.29.14: Young Eagle Tragedy, Overdue Hoover Honors, Paperplane Record

Also: Low-Flying F16, UAVs For The Movie, Aerobatic Pilot Bails Out, Bombardier Safety Stand Down, MVP Takes On The World We are sad to report that a Young Eagle flight went down o>[...]

Airborne 09.26.14: A320neo First Flight, Aspen ESV Trial, Garmin Flies G5000

Also: Sea Lynx Grounding, AEA's Ric Peri On FAR 145, Union v Allegiant, Wingboarding--Anyone? Things went off as planned in Toulouse, France yesterday morning when the A320neo made>[...]

ANN's Daily Aero-Linx (09.30.14)

DOT Rule for Passengers Traveling with Lithium Batteries The issue has come to the forefront as more people may soon begin traveling with small UAVs, most of which are powered by t>[...]

ANN's Daily Aero-Term (09.30.14): Filed En Route Delay

Any of the following preplanned delays at points/areas along the route of flight which require special flight plan filing and handling techniques.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC