Rolls Royce signs billion dollar deal to supply 600 engines

12th Feb 2014 12:56

Rolls-Royce has signed a one billion dollar deal with Lockheed Martin to deliver around 600 engines that will power future C-130J Super Hercules aircraft.The engine agreement, which will service US government and international contract requirements between 2014 and 2018, secures the Rolls-Royce AE 2100 as the engine of choice for all variants of the C-130J until 2025.Tom Bell, the President of Defense at Rolls-Royce, said: "Lockheed Martin and Rolls-Royce have partnered for decades to produce thousands of the world's leading medium transport aircraft. "Our new engine agreement secures that relationship for years to come, enabling operators to continue to enjoy the versatile, powerful and fuel efficient aircraft they have come to appreciate through one million flight hours and counting."To date, more than 300 of the four-engine transports have been delivered to customers in 16 countries, across 16 different mission types, the group added. The share ppice inched 0.66% higher to 1,212p by 12:57 Wednesday. NR