Rolls Royce : signs collaboration agreement with MVM OVIT

About Rolls-Royce Holdings plc

1. Rolls-Royce's vision is to be the market-leader in high performance power systems where our engineering expertise, global reach and deep industry knowledge deliver outstanding customer relationships and solutions. We operate across five businesses: Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems.
2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
3. We have three common themes across all our businesses:
4. • Investing in and developing engineering excellence
   • Driving a manufacturing and supply chain transformation which will embed operational excellence in lean, lower-cost facilities and processes
   • Leveraging our installed base, product knowledge and engineering capabilities to provide customers with outstanding service through which we can capture aftermarket value long into the future.
5. Annual underlying revenue was £13.8 billion in 2016, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £80 billion at the end of 2016.
6. In 2016, Rolls-Royce invested £1.3 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
7. Rolls-Royce employs 50,000 people in more than 46 countries. More than 16,000 of these are engineers.
8. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2015 we employed 228 graduates and 277 apprentices through our worldwide training programmes.
9. Rolls-Royce has been selected as preferred supplier for I&C systems at the VVER-designed Hanhikivi-1 new build project in Finland and has recently signed a contract for I&C licensing support.