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ROLLS-ROYCE HOLDINGS PLC

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Damen commissions Rolls-Royce business unit Power Systems to supply mtu NautIQ Master Integrated Platform Management System for German Navy's F126 frigates

01/26/2022 | 09:50am EDT

Rolls-Royce business unit Power Systems, headquartered in Friedrichshafen, Germany, will deliver the automation solutions (in German FuSAS - Fuhrungssystem Automation Schiffstechnik) for the four new F126 frigates for the German Navy.

* mtu NautIQ Master Integrated Platform Management System and mtu NautIQ Foresight Equipment Health Management System will form the command and automation system (FuSAS) on board the F126 frigates

The scope consists of an Integrated Platform Management System (IPMS) and a Condition Monitoring System (CMS). For this solution, Rolls-Royce will deliver its mtu NautIQ Master and mtu NautIQ Foresight products. The contract with the main contractor Damen Naval was concluded on 21 January 2022. The fire alarm, personnel locator and CCTV systems are also part of the contract. This is the first naval order for mtu NautIQ products since Rolls-Royce launched its extended automation solutions portfolio, which now combines mtu and Servowatch technologies under one brand. Rolls-Royce acquired Servowatch, a supplier of integrated marine automation solutions, in 2020.

Hein van Ameijden, Managing Director of Damen Naval, said: 'With Rolls-Royce and its mtu automation products we have found the right partner for the integrated systems for the automation of the command systems. This is high-tech, made in Germany. It will enable the most efficient operation of the vessels and ensure optimal uptime, giving the German Navy the means to fulfil their missions anytime and anywhere, thanks to the know-how and experience of the engineers and developers of Rolls-Royce business unit Power Systems.'

Knut Muller, Vice President Global Governmental at Rolls-Royce business unit Power Systems, said: 'This order is a significant milestone for our proven and newly renamed mtu NautIQ automation solutions portfolio. It proves that our strategy of delivering solutions from bridge to propeller is the correct path. We are the only engine manufacturer in the world that can also supply the automation platform to monitor and control the entire ship and we are proud that Damen and the German Armed Forces have chosen us for this important and prestigious project.'

mtu NautIQ Master is the newest iteration of Rolls-Royce's Integrated Platform Management System, combining the advantages of proven mtu and Servowatch products. It offers the same base functionalities as the previous version with enhanced features on a much more flexible and future-proof platform. mtu NautIQ Foresight is Rolls-Royce's Equipment Health Management System for marine applications. Rolls-Royce has successfully positioned its ship automation products in the global market and delivered solutions to customers across a wide variety of applications worldwide over the past two and a half decades. With mtu NautIQ it is offering a future-proof portfolio of enhanced solutions for the complete vessel.

Damen and Rolls-Royce have a long-standing cooperation in shipbuilding. Among other projects, Rolls-Royce supplied the diesel engines for the Joint Support Ship HNLMS Karel Doorman, used by both the Royal Netherlands and German navies, and the support and research vessel Nuyina, which Damen delivered to the Australian Antarctic Division in August.

Damen Naval is building the four F126 class frigates together with its partners Blohm+Voss and Thales, after the partners were selected as successful bidders in 2020 following a European tender process spanning several years. The first ship is expected to be delivered to the German Navy in Hamburg in 2028. All building work will be carried out in German shipyards in Hamburg, Kiel and Wolgast.

Press photos are available for download from

https://www.mtu-solutions.com/eu/en/news-and-media/media-center.html

About Damen Shipyards Group

Damen Shipyards Group - Oceans of Possibilities

Damen Shipyards Group has been in operation for over ninety years and offers maritime solutions worldwide, through design, construction, conversion and repair of ships and ship components. By integrating systems we create innovative, high quality platforms, which provide our customers with maximum added value.

Our core values are fellowship, craftsmanship, entrepreneurship and stewardship. Our goal is to become the world's most sustainable shipbuilder, via digitalisation, standardisation and serial construction of our vessels.

Damen operates 35 shipyards and 20 other companies in 20 countries, supported by a worldwide sales and service network. Damen Shipyards Group offers direct employment to more than 12,000 people.

About Rolls-Royce Holdings plc

Rolls-Royce pioneers the power that matters to connect, power and protect society. We have pledged to achieve net zero greenhouse gas emissions in our operations by 2030. We joined the UN Race to Zero campaign in 2020, and have committed to ensuring our new products will be compatible with net zero operation by 2030, and all products will be compatible with net zero by 2050.

Rolls-Royce Power Systems is headquartered in Friedrichshafen in southern Germany and employs around 9,000 people. The product portfolio includes mtu-brand high-speed engines and propulsion systems for ships, power generation, heavy land, rail and defence vehicles and for the oil and gas industry as well as diesel and gas systems and battery containers for mission critical, standby and continuous power, combined generation of heat and power, and microgrids.

Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers.

Annual underlying revenue was GBP11.76 billion in 2020 and we invested GBP1.25 billion on research and development. We also support a global network of 28 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

Rolls-Royce Holdings plc is a publicly traded company (LSE:RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69).

(C) 2022 Electronic News Publishing, source ENP Newswire

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Sales 2022 11 742 M 14 764 M 14 764 M
Net income 2022 215 M 270 M 270 M
Net Debt 2022 4 360 M 5 482 M 5 482 M
P/E ratio 2022 29,5x
Yield 2022 -
Capitalization 6 957 M 8 747 M 8 747 M
EV / Sales 2022 0,96x
EV / Sales 2023 0,84x
Nbr of Employees 44 000
Free-Float 99,8%
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