Rolls-Royce (LSE: RR., ADR: RYCEY) today announces it is investing in its assembly, test and shop visit capacity in the
As outlined at last year's Capital Markets Day, Rolls-Royce expects an annual increase of 7 - 9% of Rolls-Royce powered aircraft in service for the remainder of the decade and forecasts engine flying hours to reach 120 - 130% mid-term compared to 2019 levels.
To prepare for this growth, Rolls-Royce is investing
The investments include: Expansion of engine build capacity in
Utilisation of already existing engine test capability for civil large engines in Dahlewitz to support near term services demand before transitioning to assemble and test new Trent XWB-84 engines in 2026.
These investments follow last month's announcement to invest
About
Rolls-Royce develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land. Our products and service packages enable our customers to connect people, societies, cultures and economies together; they meet the growing need for power generation across multiple industries and enable governments to equip their armed forces with the power to protect.
Rolls-Royce has a presence in 48 countries and customers in more than 150, comprising over 250 commercial large aero engine customers, 160 armed forces and navies and approximately 40,000 active Power Systems customers. We are committed to becoming a net zero company by 2050 and we support our customers to do the same.
Annual underlying revenue was
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