19 September, 2013
Update on Rolls-Royce UTC collaboration
In October 2011, Rolls-Royce and United Technologies Corp. (UTC) announced their intention to form a new joint venture to develop an engine to power future mid-size aircraft (120-230 passenger aircraft).
Following further discussion, and because of the current regulatory environment, the parties have agreed not to proceed with the partnership.
Rolls-Royce remains fully committed to this important market segment and will continue to invest in technologies that will enable us to take advantage of opportunities as they arise.
For further information, please contact:
Investors:
Simon Goodson
Director - Investor Relations
Rolls-Royce plc
Tel: +44 (0)20 7227 9237
[email protected]
Media:
Jane Terry
Director of External Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
[email protected]
