Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Rolls-Royce Holding PLC    RR.   GB00B63H8491

News SummaryMost relevantAll newsSector news 

Rolls-Royce Holding PLC : Rolls-Royce congratulates Gulfstream on GV milestone

share with twitter share with LinkedIn share with facebook
share via e-mail
05/15/2012 | 03:32pm CET
Tuesday, 15 May 2012

Rolls-Royce, the global power systems company, today congratulated Gulfstream on its Gulfstream V (GV) aircraft family achieving one million flying hours. The Rolls-Royce BR710 powers the GV, GV-SP, G500 and G550.

This year also marks the 15th anniversary of the BR710's entry-into-service. More than 1,750 BR710 engines are currently in service and have accumulated more than 4 million flying hours across a range of business jet applications. The engine has established the lowest specific fuel consumption (SFC) levels in its thrust class.

Scott Shannon, Rolls-Royce, Executive Vice President, Customer Business - Civil Small and Medium Engines, said: "We congratulate Gulfstream on this milestone for the GV family, the first aircraft to be powered by our BR710 engine. The GV has delivered outstanding performance and reliability and we are proud to have played our part in its success."

The BR710 offers low noise and excellent emission characteristics, ensuring unrestricted access to airports around the world. The excellent climb performance of the BR710 allows aircraft to reach cruise level faster than commercial airliners, again saving both fuel and time.

The BR710 is a member of the reliable and proven BR700 family of engines which has achieved more than more than 12 million flying hours.

  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 40,400 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.
  8. Rolls-Royce leads the global market in engines for corporate aircraft, with a 39 percent value market share. Rolls-Royce Corporate Care®, corporate aviation's most comprehensive engine care program, is available to all BR710 powered corporate aircraft operators.
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
12/01 ROLLS ROYCE : accelerates transformation of Marine business through further rest..
12/01DJROLLS ROYCE : Cuts Further 800 Jobs in Marine Business
12/01 TOP NEWS : Rolls-Royce Slashes More Jobs In Struggling Marine Business
12/01 ROLLS ROYCE : US Air Force C-130 completes first flight equipped with Rolls-Royc..
12/01 ROLLS ROYCE : wins Trent 7000 order from new customer Aircalin
11/28 ROLLS ROYCE : confirms valuation of the outstanding shareholding in ITP
11/28 ROLLS ROYCE : To Pay EUR720 Million For ITP, Completion Expected 2017
11/28 ROLLS ROYCE : Further re ITP acquisition
11/24 Airbus chief more confident on A350 delivery goal
11/24 ROLLS ROYCE : Trent XWB powers Airbus A350-1000 first test flight
More news
Sector news : Aerospace & Defense - NEC
02:01aDJUNITED TECHNOLOGIES : State, Local Officials See Pluses, Minuses of Trump's Carr..
01:20aDJUNITED TECHNOLOGIES : Donald Trump Had Investments in Carrier Corp.'s Parent
12/02DJCEO Mark Fields Says Ford Still Moving Small-Car Output to Mexico Despite Tru..
12/02DJCEO Mark Fields Says Ford Still Moving Small-Car Output to Mexico Despite Tru..
12/02DJFORD MOTOR : CEO Mark Fields Says Ford Still Moving Small-Car Output to Mexico D..
More sector news : Aerospace & Defense - NEC
News from SeekingAlpha
12/02 NO TURNING BACK : Rolls Royce's Gamble On Wide-Bodies
12/01 More layoffs at Rolls-Royce
11/29 2 Foreign Defense Firms To Profit From Increased NATO Spending
11/28 DEFENSE SECTOR UPDATE NOVEMBER 21-27 : Boeing Gets Over A Billion
11/23 Tracking Jeffrey Ubben's ValueAct Portfolio - Q3 2016 Update
Financials ( GBP)
Sales 2016 13 450 M
EBIT 2016 764 M
Net income 2016 417 M
Debt 2016 805 M
Yield 2016 2,02%
P/E ratio 2016 33,69
P/E ratio 2017 22,99
EV / Sales 2016 0,96x
EV / Sales 2017 0,93x
Capitalization 12 154 M
More Financials
Duration : Period :
Rolls-Royce Holding PLC Technical Analysis Chart | RR. | GB00B63H8491 | 4-Traders
Full-screen chart
Technical analysis trends ROLLS-ROYCE HOLDI...
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus UNDERPERFORM
Number of Analysts 25
Average target price 6,65  GBP
Spread / Average Target 0,64%
Consensus details
EPS Revisions
More Estimates Revisions
David Warren Arthur East Chief Executive Officer & Director
Colin Peter Smith Group President & Director
Ian Edward Lamert Davis Chairman
Simon Neil Kirby Chief Operating Officer
David Miles Smith Chief Financial Officer & Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AIRBUS GROUP-3.15%48 603
More Results