Tag Archives: Rolls-Royce

David Smith,  chief financial officer and director at Rolls Royce, will join U.K.-based science and engineering company Qinetiq as CFO. Qinetiq said Tuesday Smith will succeed David Mellors, who is scheduled to leave QinetiQ on Dec. 31 to join Cobham as the defense contractor’s CFO. “[David] has extensive executive experience in blue …

BAE Systems PLC Chief Operating Officer Charles Woodburn will start a series of meetings with clients and suppliers sometime in October or November as part of preparations to succeed Ian King as CEO of the British defense contractor, Bloomberg reported Wednesday. Benjamin Katz and David Hellier report that Woodburn will assume a bigger role with outside stakeholders while King will …

Gulfstream Aerospace has been awarded a $91.9 million contract to produce one G-550 Green aircraft with modifications for airborne early warning function for the U.S. Navy. The Defense Department said Friday Gulfstream will manufacture the aircraft in Savannah, Georgia, with a completion date of December 2018. The G550 cockpit features a triple-redundant …

Rolls-Royce has received a potential $117.7 million contract modification from the U.S. Navy to supply 50 AE1107C turboshaft engines and related spares for integration with the U.S. Marine Corps’ and Japanese government’s fleet of MV-22 Osprey aircraft. The Naval Air Systems Command awarded the contract modification to exercise an option under …

BAE Systems has received an additional $290 million in contract funds to continue work on a replacement platform for the U.K.’s Vanguard-class nuclear ballistic missile submarines, The Telegraph reported Monday. Alan Tovey writes BAE will use the money to build Successor-class submarine layouts, systems and prototypes for the British navy. The U.K. has invested more than …

Rolls-Royce has received $154 million in contracts from the U.S. Air Force to produce spare engines and sustain the propulsion system of the Lockheed Martin-built (NYSE: LMT) C-130J aircraft. Rolls-Royce will complete the production of AE 2100 engines for the Air Force and Saudi Arabia under a $77.9 million foreign military sales …

TYSONS CORNER, VA, January 5, 2016 — Lockheed Martin (NYSE: LMT),  Rolls Royce and Marshall Aerospace and Defence Group will continue to provide Hercules Integrated Operational Support to the British air force’s C-130J Super Hercules fleet under a $545 million contract, ExecutiveBiz reported Monday. Lockheed said Wednesday the contract runs through 2022 and also includes information …

Standard Aero, Segers Aero and Turbopower have won a $157.1 million contract to inspect, repair, test and maintain the U.S. Navy’s T56 Series III propulsion system. The three companies will perform maintenance work on the power sections, reduction gear assemblies and torquemeters of T56 Series III, the Defense Department said …

The State Department has approved France’s request to purchase four Lockheed Martin-built (NYSE: LMT) transport planes and tankers from the U.S. government under a $650 million foreign military sales agreement. The Defense Security Cooperation Agency said Tuesday the future sale includes two C130J transport planes and two KC-130J tankers with turboprop engines from Rolls-Royce plus four engine …

Rolls-Royce has received a potential $36 million contract to upgrade T56 engines onboard the U.S. Air Force’s C-130 transport aircraft. Rollys-Royce said Tuesday it will start deliveries of Series 3.5 engine enhancement kits in December and install those kits onto C-130 planes of the service branch and the U.S. Air …