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Power systems giant Rolls-Royce is to provide repair and support services for aircraft engines operated by the US Marine Corps and Air Force as part of a contract worth 52.2m dollars.
From the company's facilities in Indianapolis, Indiana, and Oakland, California, as well as fleet support at customer bases, Rolls-Royce will work on the AE 1107C turboshaft.
The engines are part of the AE product family, which has over 5,000 engines in service and more than 53m flight hours. The US Marine Corps and Air Force exclusively uses AE products to power the growing V-22 aircraft fleet.
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"This contract represents another vote of confidence in the support and services offered by Rolls-Royce to our US military customers," said Paul Craig, the President of the company's Defence Services division.
"We are focused on enabling our customers to keep their aircraft flying and supporting them every day to allow their missions to go forward."
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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