Rolls-Royce has agreed a deal with the US Navy worth $115.6million for ship engines, propulsion components and services.
The engine contract, which is worth $34.4million, is a follow-on production agreement for 16 new MT7 gas-turbine engines for Navy ship-to-shore connector landing craft, the company said.
Rolls-Royce is the only provider of gas-turbine engines installed on the landing craft, which is produced by US industrial conglomerate Textron.
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The MT7 engine is produced in Indianapolis, Indiana, in the US, and is a variant of the Rolls-Royce AE 1107C engine powering V-22 aircraft.
The propulsion components contract, valued at $10.9million, will include production of main propulsion monobloc propellers, propeller hubs, blades and other components.
The ship components will be produced at Rolls-Royce's facilities in Walpole, Massachusetts.
The services agreement, valued at up to $70.3million, covers maintenance and repair services of controllable pitch propeller hubs and oil distribution boxes for multiple Navy ship classes including DDG 51 destroyers.
East Midlands Top 500 Companies - the 41 industries making £89.7bn
An impressive £89.7bn revenue is being achieved by the East Midlands Top 500 Companies which are delivering expert products and services across 41 industries.
The region is home to some of the best known brands in the 海角视频, including Boots, Next and Rolls Royce.
Business Live has been showcasing the companies which have made it into the Top 500 from data compiled by researchers at De Montfort University Leicester (DMU), University of Derby and Nottingham Trent University - in partnership with East Midlands Chamber of Commerce. You can see the top 500-351 here; the top 350 to 201 are here; the top 200 to 101 are here; the top 100-21 are listed here; the to 20-1 are listed here
The key industrial sectors and their value
Manufacturing - 32% of companies worth £24.2bn.
Retail - 6% of companies worth £19.7bn.
Automotive - 8% of companies worth £15.6bn
Business services - 26% of companies worth £14.8bn
Construction - 7% of companies worth £10bn
Wholesale - 11% of companies worth £5.4bn.
Please note: The data relates to a period well before the economic impact of Covid-19 became apparent.
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The ship components will be serviced at Rolls-Royce's facilities in Walpole and work is expected to be completed in 2026.
Leo Martins, Rolls-Royce defense, program director for US naval and coast guard platforms, said: “Rolls-Royce is proud to support the US Navy through an extensive portfolio of engines and propulsion system components, as well as service agreements.
“Rolls-Royce propulsion equipment is in service around the globe on nearly all US Navy ships and the new agreements reflect continued confidence from the Navy in Rolls-Royce products.”
The news follows an announcement by Rolls-Royce for plans to make its operations net-zero carbon by the end of the decade.
The firm has joined the UN’s Race to Zero campaign and is aiming to reach its emissions target by 2030.
Last month, the engineering giant confirmed it was cutting 9,000 jobs from its global workforce of 52,000 due to a downturn in the aviation sector caused by the coronavirus pandemic.
The company said the cuts would predominantly affect its civil aerospace business, which has its 海角视频 base in Bristol and Derby.
Unions have urged the company to diversify and it is believed that the focus on green technologies could provide the answer.