Navajo
- 29 Jun 2005 14:12
Now I can keep an eye on one of my monitored stocks which I'm currently in.
skinny
- 09 Feb 2012 11:40
- 81 of 236
Out +12.
skinny
- 14 Feb 2012 07:03
- 82 of 236
ROLLS-ROYCE WINS $210M ORDER FROM AIR PACIFIC
Rolls-Royce, the global power systems company, has won an order worth $210m, at
list prices, from Fiji's national carrier Air Pacific for Trent 700 engines to
power three Airbus A330 aircraft. This is the first time Air Pacific has
selected Rolls-Royce engines and the contract includes long-term TotalCare®
service support.
Announcing the order today at the Singapore Airshow, Dave Pflieger,
Managing Director & CEO, Air Pacific, said: "The A330s will be our first new
widebody aircraft, so the Trent 700 engines represent an exciting and significant
investment in leading-edge operational technology and support service for the
future of our business. Theseengineswill provide high-quality environmental
performance, with low emissions, noise and fuel burn- something our company and
customers value.We look forward to a great partnership with a company known for
its commitment to excellence."
Bruce Blythe, Rolls-Royce, Senior Vice President - Civil Aerospace, said: "We
are delighted Air Pacific is putting trust in our world leading technology and
support services for such an important fleet replacement. We look forward to a
long and mutually rewarding relationship with the airline."
The Trent 700, the only engine specifically designed for the A330, is the
market leader for the aircraft, with more than 1,400 either in service or on
order. It has won more than 75 per cent of new orders over the last three
years.
skinny
- 15 Mar 2012 07:03
- 84 of 236
15 March 2012
ROLLS-ROYCE WINS GBP45M CONTRACT FROM HYUNDAI TO DESIGN AND EQUIP
FOUR OFFSHORE VESSELS
Rolls-Royce, the global power systems company, has today received an order from
Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four
deepwater platform supply vessels.
The contract is worth more than GBP45 million to Rolls-Royce and includes options
for a further two vessels of the same type.
The vessel designs are UT 776 CD - a development of the popular Rolls-Royce
UT 700 series, designed specifically for supplying equipment and services to
deepwater oil and gas platforms.
Jørn Heltne, Rolls-Royce, Senior Vice President Ship Technology Offshore, said:
"Rolls-Royce UT design vessels are the benchmark in the deep water offshore
oil and gas sector, combining proven ship design with leading edge marine
technology. This latest order develops our long term relationship with Hyundai
as a builder of these advanced vessels, designed to operate safely in the most
challenging conditions."
Hyundai's President and CEO Mr. W.G. Choe said: "We are extremely pleased to
enter into this deepwater market segment by building offshore vessels of a
world leading design from Rolls-Royce."
The 4,400 tonne, 97 metre long vessels will feature a range of Rolls-Royce
equipment including a diesel-electric propulsion system which improves fuel
efficiency and lowers emissions when operating at reduced power levels. The
propulsion system meets current Clean Design standards - an industry-specific
range of stringent environmental and safety requirements that, through the
design of the vessel, reduce emissions to sea and air.
The vessels will be built at the Hyundai's shipyard in Ulsan, Korea, and are
due to be delivered in 2013 and 2014.
skinny
- 22 Mar 2012 07:03
- 85 of 236
ROLLS-ROYCE AWARDED $275 MILLION SERVICE CONTRACTS
FROM US MILITARY
Rolls-Royce, the global power systems company, has received recent contracts
exceeding $275 million to provide support services for the US Armed Services.
Rolls-Royce will provide Mission Care service support for AE 1007C, AE 2100
and T56 engines which power a variety of US aircraft, including the V-22,
C-130, P-3 and C-2 in operation with the US Air Force, Navy and Marines.
Patricia O'Connell, Rolls-Royce, President Customer Business - North America
said: "Rolls-Royce is focused on meeting all of our military customers' needs
and we deliver services and support packages tailored to meet their specific
requirements. These contracts reflect the confidence our US military customers
have in our expertise. Rolls-Royce continues to win new contracts by
demonstrating the value we can add, and by working hard to ensure our customers
can deliver their missions and work within their budget."
Recent contracts announced by the US Department of Defense include:
* US Air Force - $112.2 Million services contract for AE 2100 engines and
propeller systems for C-130J aircraft.
* US Marine Corps - three contracts, totalling $84.7 Million, for maintenance
services on AE 1107C engines for V-22 aircraft; $45.2 Million contract for
logistics and technical engineering services for AE 2100 engines for
KC-130J aircraft.
* US Navy - $33.8 Million contract for repair of T56 engines in P-3, C-130
and C-2 aircraft.
The contracts cover work to be delivered in 2012 and 2013.
skinny
- 12 Apr 2012 07:14
- 86 of 236
skinny
- 23 Apr 2012 07:02
- 87 of 236
Rolls-Royce Awarded $598m V-22 Engine Contract
Indianapolis, US - Rolls-Royce, the global power systems company, has signed a
$598 Million contract with the US Department of Defense for 268 AE 1107C
engines for US Marine Corps and Air Force V-22 aircraft.
In the first year, Rolls-Royce will deliver 70 engines valued at $151 Million.
The contract includes four additional option years, with deliveries expected to
total 268, including spare engines. Rolls-Royce is the sole manufacturer of the
engines for the V-22 and has delivered 550 AE 1107C engines to the US
Department of Defense.
skinny
- 01 May 2012 07:02
- 88 of 236
ROLLS-ROYCE RECEIVES $315 MILLION CONTRACT TO SUPPLY LIFTSYSTEM TECHNOLOGY
Rolls-Royce, the global power systems company, has received a contract for $315
Million from Pratt & Whitney to supply the Rolls-Royce LiftSystem® for 17 F-35B
Lightning II aircraft.
skinny
- 04 May 2012 07:19
- 89 of 236
INTERIM MANAGEMENT STATEMENT
Today, Rolls-Royce Holdings plc publishes an Interim Management Statement.
Current trading consistent with guidance
Trading since the start of the year is consistent with the guidance provided in
our Full Year Report in February. For the full year, the Group continues to
expect good growth in underlying revenue and underlying profit with cash flow
around breakeven as we continue to invest in future growth. Guidance excludes
the impact of the Tognum acquisition and the proposed sale of the Group's 32.5%
shareholding in International Aero Engines (IAE).
The Group's balance sheet remains strong. Recognising this, Standard & Poor's
Ratings Services has raised its long and short term corporate credit ratings to
`A/A-1' from `A-/A-2', with a stable outlook.
A consistent strategy delivering shareholder value
Since announcing preliminary results in February, Rolls-Royce has achieved some
important milestones. The Trent XWB engine took to the skies for the first
time, on board an Airbus A380 flying test bed. In Singapore, we opened our new
manufacturing and training facilities that will produce wide chord fan blades
and assemble and test large commercial jet engines.
Rolls-Royce continues to invest across the Group in technology, capability and
facilities to deliver on our current commitments, to improve productivity and
to create opportunities for future growth.
The Group will report its interim results for the six month period ending 30
June 2012 on 26 July 2012.
skinny
- 21 May 2012 07:02
- 90 of 236
ROLLS-ROYCE WINS $136 MILLION CONTRACT TO SUPPLY
INDUSTRIAL TRENTS TO DOLPHIN ENERGY LTD
Rolls-Royce, the global power systems company, has been awarded contracts worth
$136 million to supply technology and long-term services support to Dolphin
Energy Limited which transports natural gas from Qatar to the United Arab
Emirates and Oman via a 364 km subsea pipeline.
Andrew Heath, Rolls-Royce, President - Energy said: "I am delighted that
Rolls-Royce technology has again been selected to support the Dolphin Gas
Project, one of the largest cross border energy infrastructure projects ever
undertaken in the Middle East. The supply of three new Rolls-Royce Trent gas
turbines to Dolphin Energy is testimony to the six units already installed on
the project. To date, these have recorded over 150,000 operating hours,
transporting billions of standard cubic feet of gas to meet the energy needs of
the UAE and Oman."
Rolls-Royce will supply Dolphin Energy Limited with three industrial Trent gas
turbine compression packages. The three new Trent units, each rated at 52
megawatts, will join six similar Rolls-Royce packages that went into service at
Dolphin Energy's Gas Processing Plant in Ras Laffan, Qatar in 2006.
In addition to selecting Rolls-Royce energy technology, Dolphin Energy Limited
has signed a TotalCare® long-term equipment service agreement designed to
increase equipment availability and reliability.
The equipment will be manufactured and packaged at the Rolls-Royce facilities
in Montreal, Quebec, Canada and Mount Vernon, Ohio, U.S.A.
Delivery of the packaged units to Ras Laffan will be in the second and third
quarters of 2013.
skinny
- 28 May 2012 07:34
- 91 of 236
ROLLS-ROYCE AWARDED £100 MILLION SUPPORT CONTRACTS FOR UK TRANSPORT AND TANKER FLEETS
Rolls-Royce, the global power systems company, has secured contract extensions,
which will see the company provide ongoing support for engines on the UK's
C-130 Hercules transport and VC10 tanker fleets. The contracts are worth almost
£100 million to Rolls-Royce.
Following this amendment, the Hercules Integrated Operational Support (HIOS)
contract, which is delivered jointly by Rolls-Royce, Marshall Aerospace and
Lockheed Martin, will provide support for the C-130 fleet until 2015.
Rolls-Royce teams in the UK and Indianapolis in the US provide comprehensive
servicing for the AE 2100D3 engine, which powers the C-130J aircraft and the
T56 engine on the C-130K.
Paul Craig, Rolls-Royce, Executive Vice President Services - Defence,
commented: "This contract amendment is testimony to the standard of service
delivered to-date and reflects the value we offer to our customer. We take
pride in supporting the Royal Air Force's fleet of C-130s and in our successful
partnership with Lockheed Martin, Marshall Aerospace and the Ministry of
Defence."
"It is particularly pleasing that we have continued to deliver high levels of
aircraft availability at a time when both the C-130 and VC10 have recently been
involved in high tempo operations. Our innovative approach, which continues to
ensure availability for critical operations, has been greatly appreciated by
the RAF."
Rolls-Royce has also secured an extension to the contract to provide technical
support for Conway engines, which will power the VC10 tanker until it finishes
service in 2013. The company provided around-the-clock support for Conway
engines that powered the VC10 tanker aircraft during the UK's Operation Ellamy
in Libya last year.
skinny
- 08 Jun 2012 07:35
- 92 of 236
Rolls-Royce to acquire Aero Engine Controls
Rolls-Royce, the global power systems company, announces today that it will
acquire the 50 per cent of shares it does not already own in Aero Engine
Controls (AEC) a joint venture with Goodrich Corporation. AEC was established
in January 2009 to combine the engine controls businesses of the two companies.
The joint venture principally designs and manufactures engine control systems
including electronic engine controllers, fuel pumps and fuel metering units for
a wide range of Rolls-Royce engines and for a number of other programmes.
Engine control systems play an increasingly important part in enhancing the
fuel efficiency and overall performance of modern jet engines. This acquisition
will give Rolls-Royce full ownership of a critical capability that confers
competitive advantage.
AEC employs around 1,400 people and has sites in Birmingham, Derby, and Belfast
in the UK and in Indianapolis, USA.
The transaction has been agreed with United Technologies Corp (UTC), which is
in the process of acquiring Goodrich. The acquisition of the remainder of the
shares in AEC by Rolls-Royce will only proceed once the acquisition of Goodrich
by UTC is complete and once any necessary antitrust approvals are obtained.
The transaction will have no material impact for Rolls-Royce on the current
year's financial performance.
dreamcatcher
- 10 Jun 2012 07:22
- 93 of 236
..Questor share tip: Rolls-Royce is a real growth engine
Rolls-Royce make turbines that are used in a number of growing global industries. Questor says buy.
Rolls-Royce 818.5p Questor says BUY
Rolls is structured into four divisions: Aerospace, Defence Aerospace, Marine and Energy (NYSEArca: JJE - news) . The company experienced some rare negative headlines after a fleet of new Qantas A380s was grounded after an explosion in a Rolls engine. These issues have now been rectified.
Earlier this year the latest Trent XWB engine took to the skies for the first time and Rolls opened a new manufacturing and training facility in Singapore, close to growth markets.
The secret to Rolls’ business model is in the aftercare market. As the company’s installed base of equipment grows, the market for parts and maintenance also grows.
The company makes precision equipment and appropriate care of turbines is essential. This means each new piece of equipment delivered should boost future profitability.
There are high barriers to entry in its business because of the breadth of Rolls’ intellectual property and its history of innovation. Because of this reputation, its order book stood at £62.2bn at the end of last year.
Growth in the installed base is important to keep profits growing.
Currently, this stands at more than 50,000 engines. However, Rolls is operating in a number of growth markets.
There is a global structural shortage of power which Rolls is ideally placed to service, and airline fleets in emerging economies are growing rapidly. It was strong demand for aircraft engines which propelled pre-tax profits above £1bn last year.
Its (Euronext: ALITS.NX - news) turbines are also used as compressors in the rapidly-expanding offshore oil industry.
The shares are not going cheap, trading on a December 2012 earnings multiple of 14.3 times, falling to 13. However, because of the aftermarket effect, profits are likely to continue to rise for many years.
Quality doesn’t come cheap. Rolls is seeking to double revenues over 10 years through organic growth. The yield, at 2.4pc, is not the reason to own the shares. Rolls-Royce is a buy for growth
skinny
- 18 Jun 2012 07:20
- 94 of 236
UK to order reactor for nuclear-armed submarine
(Reuters) - Britain will order the first reactor for a new generation of nuclear-armed submarines next week as part of a 1 billion pound ($1.6 billion) contract with Rolls-Royce, a defence ministry source said on Sunday, in a move that could strain the coalition government.
The deal will include an 11-year refit of Britain's sole submarine propulsion reactor factory at Derby in central England, said Defence Secretary Philip Hammond, who will formally announce the plans to parliament on Monday.
skinny
- 19 Jun 2012 07:39
- 95 of 236
ROLLS-ROYCE TO POWER THE WORLD'S LARGEST CONSTRUCTION VESSEL
Rolls-Royce, the global power systems company, has delivered 13 large azimuth
thrusters to the world's largest construction vessel, currently being built at
Daewoo Shipbuilding & Marine Engineering, South Korea for Swiss ship owner and
operator Allseas Group. The contract is worth around £18 million and is the
largest ever Rolls-Royce thruster order for a single vessel.
skinny
- 28 Jun 2012 07:53
- 96 of 236
ROLLS-ROYCE AND LG ANNOUNCE INVESTMENT TO
ADVANCE SOLID OXIDE FUEL CELL TECHNOLOGY DEVELOPMENT
Rolls-Royce, the global power-systems company, and LG, the electronics,
chemicals and telecommunications conglomerate, are pleased to announce that LG
has invested US$45m to acquire a 51% shareholding in Rolls-Royce Fuel Cell
Systems (US) Inc.
Rolls-Royce Fuel Cell Systems (US) Inc., which is based in North Canton in the
State of Ohio, U.S.A., has changed its name to LG Fuel Cell Systems Inc.
LG Fuel Cell Systems Inc. will continue to further the research, development,
testing and commercialisation of solid oxide fuel cell technology aimed at
megawatt-scale distributed power generation for industrial, commercial, and
electric utility markets and applications.
LG Fuel Cell Systems Inc will have access to Rolls-Royce technical expertise
and continue to engage with the US Department of Energy's SECA (Solid State
Energy Conversion Alliance) Program.
Notes to Editors:
1. Rolls-Royce is a world-leading provider of power systems and services for
use on land, at sea and in the air, and has established a strong position
in global markets - civil aerospace, defence aerospace, marine and energy.
2. As a result of this strategy, Rolls-Royce has a broad customer base
comprising more than 500 airlines, 4,000 corporate and utility aircraft and
helicopter operators, 160 armed forces, more than 4,000 marine customers,
including 70 navies, and energy customers in more than 80 countries.
3. Annual underlying revenues were £11.3 billion in 2011, of which more than
half came from the provision of services. The firm and announced order book
stood at £62.2 billion at 31 December 2011, providing visibility of future
levels of activity.
4. Rolls-Royce employs over 40,000 people in offices, manufacturing and
service facilities in over 50 countries. Over 11,000 of these employees are
engineers.
5. In 2011, Rolls-Royce invested £908 million on research and development, two
thirds of which had the objective of further improving the environmental
performance of its products, in particular reducing emissions.
6. Rolls-Royce supports a global network of 28 University Technology Centres,
which connect the company's engineers with the forefront of scientific
research.
7. The Group has a strong commitment to apprentice and graduate recruitment
and to further developing employee skills.
skinny
- 03 Jul 2012 15:38
- 97 of 236
Quietly making new highs today (880p).
skinny
- 04 Jul 2012 14:08
- 98 of 236
And again today @885p
skinny
- 11 Jul 2012 07:03
- 99 of 236
ROLLS-ROYCE WINS $280M TRENT ORDER FROM AVIANCA
Rolls-Royce, the global power systems company, has won an order worth $280m, at
list prices, from Avianca, part of the AviancaTaca group, for Trent 700 engines
to power four Airbus A330 freighter aircraft. The contract includes long-term
TotalCare® services support.
skinny
- 12 Jul 2012 07:08
- 100 of 236
ROLLS-ROYCE WINS TRENT 700 ENGINE ORDER FROM GARUDA INDONESIA
Rolls-Royce, the global power systems company, has won an order from Garuda
Indonesia Airlines for Trent 700 engines to power 11 Airbus A330 aircraft. The
contract includes long-term TotalCare® service support.