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        • Power of Trent
          • Capable & Versatile
        • Trent 7000
        • Trent XWB
        • Trent 1000
        • Trent 900
        • Trent 500
        • Trent 800
        • Trent 700
        • RB211-524G/H & -T
      • Narrowbody & Regional
        • AE3007
        • BR715
        • RB211-535E4
        • Tay 620 / 650
      • Business Aviation
        • Pearl 10X
        • Pearl 700
        • Pearl 15
        • AE 3007
        • BR710
        • BR725
        • Tay
      • Helicopters
        • M250 turboshaft
        • RR300
        • M250 turboprop
      • Future products
      • Testing capabilities
        • Access our testing capabilities
        • Testbed facilities
    • Defence
      • Power for Future Combat Air
        • Net Zero for Future Combat Air Systems
        • Tempest
        • Orpheus
        • Developing the Next Generation
      • Digital FIRST
      • Energy Transition for Defence
      • Advanced Technology
        • LibertyWorks
        • FLRAA
      • Aerospace
        • Combat Jets
          • F130
          • Rolls-Royce LiftSystem®
          • EJ200
          • Adour
          • RB199
          • Pegasus
        • Rotary
          • AE 1107C
          • CTS800
          • MTR390
          • M250 Turboshaft
        • Transport, Tanker, Patrol & Tactical
          • AE 2100
          • AE 1107C
          • AE 3007
          • Trent 700 MRTT
          • TP400-D6
          • BR710
          • T56
          • CTS800
          • M250 Turboprop
          • T56 3.5 Enhancement
        • Trainers
          • Adour
          • M250 Turboprop
        • UAVs
          • AE 3007
          • M250 Turboshaft
          • Adour
        • Distributed Generation Systems
      • Naval
        • Gas Turbines
          • MT30 Marine Gas Turbine
          • AG9160 Generator Set
          • AG9140 Generator Set
          • MT7 Marine Gas Turbine
        • Diesel Engines
          • Power Systems
        • Propulsion
        • Naval Handling Systems
        • Naval Support & Services
        • Distributed Generation Systems
      • Submarines
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        • Distributed Generation Systems
      • Services
        • ACE
        • TwinAlytix®
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        • Heritage Trust - Coventry and Ansty
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      • Rolls-Royce no Brasil
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      • ロールス・ロイスについて
        • ロールス・ロイスについて
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        • 日本で60周年
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      • 採用情報
    • 罗尔斯-罗伊斯 - 推进飞行新方式
      • country-landing-navigation
    • Rolls-Royce - Powering New Ways to Fly
      • country-landing-navigation
    • Rolls-Royce Hungary
      • Home
      • Careers
      • Discover
    • Rolls-Royce Magyarország
      • Főoldal
      • Karrier
      • Történeteink
      • Támogatott kezdeményezések
    • Rolls-Royce North America
      • Home
    • Deutschland
      • Home
      • Überblick
      • Nachrichten und Geschichten
        • Nachrichten
        • Geschichten
      • Karriere
        • Werde Teil des Teams in Dahlewitz bei Berlin
        • Talent Community
        • Ausbildung
        • Direkteinstieg
          • Direkteinstieg
          • Direkteinstieg
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    • 首页
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      • 加入我们
    • 대한민국
      • 롤스로이스 소개
        • 연구개발
        • 롤스로이스 역사
        • 세계속의 롤스로이스
      • 롤스로이스 코리아
      • 이노베이션
      • 해군 분야
        • 함정용가스터빈
          • MT30 함정용 가스터빈
          • MT7 함정용 가스터빈
          • AG9160 발전기
          • AG9140 발전기
        • 파워시스템
        • 추진시스템
        • 함정 진회수 시스템
        • 전기, 자동화 및 제어
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    • South East Asia
      • Our stories
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        • The wider South East Asia
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      • عن الشركة
      • الحلول والخدمات
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        • الكهرباء
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        • رولز-رويس التكنولوجيا والفضاء
        • رولز-رويس إس إم آر
        • معامل بيانات آر2
      • الاستدامة
      • تواصلو معنا
  • Sustainability
    • Our approach to decarbonisation
      • Becoming a net zero carbon company
        • Our emissions footprint
      • Decarbonising complex and critical systems
      • Creating an enabling environment
      • Materiality
    • Ethics and compliance
    • Our people
    • Engineering and innovation
    • Operations and facilities
    • Our Stakeholders
    • Cyber Security
    • Performance
      • Reporting approach
      • Target progress
      • Data charts
  • Investors
    • Investor Centre
      • Share price
      • Analyst consensus
    • Capital Markets Day
      • Civil Aerospace
      • Defence
      • Power Systems
      • Small Modular Reactors
    • Why Rolls-Royce?
    • 2023 Full Year Results
    • Regulatory news
    • Results, reports and presentations
      • Financial Results
      • Annual Report 2023
      • Annual Reports archive
    • Financial calendar
    • Corporate governance
    • Shareholder information
      • General Meetings
        23 May 2024
      • General Meeting archive
      • Payments to shareholders
      • Manage your shareholding
      • Registrar
      • Shareholder fraud warning
      • FAQs
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    • Rights issue
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We develop and deliver complex power and propulsion solutions for safety-critical applications in the air, at sea and on land.

Our products and service packages enable our customers to connect people, societies, cultures and economies together.

Products & Services

We develop and deliver complex power and propulsion solutions.

For more than 100 years we have been at the forefront of innovation. Helping to power, protect and connect the modern world.

About

Create your future with us

Help us deliver better power for our changing world.

Doing more with less

We have a fundamental role in meeting the environmental and societal opportunities and challenges that the world faces.

Sustainability

2023 Full Year Results

Rolls-Royce announced Full Year Results on 22 February 2024.

View results

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  • Innovation
    • Alternative fuels
      • Hydrogen
    • Climate-tech centre
    • Small modular reactors
    • Novel Nuclear
      • Micro-Reactor
    • UltraFan
    • Digital
      • Digital Platforms
      • Digital Twin
    • The Aletheia Framework®
    • ACCEL
  • Products & Services
    • Civil Aerospace
      • Sustainability
      • Purchase Parts & Services
      • Services
        • Passenger
        • Freighter
        • Lessors
        • Business
        • Other Customers
      • Aircraft Transitions
      • Widebody
        • Power of Trent
          • Capable & Versatile
        • Trent 7000
        • Trent XWB
        • Trent 1000
        • Trent 900
        • Trent 500
        • Trent 800
        • Trent 700
        • RB211-524G/H & -T
      • Narrowbody & Regional
        • AE3007
        • BR715
        • RB211-535E4
        • Tay 620 / 650
      • Business Aviation
        • Pearl 10X
        • Pearl 700
        • Pearl 15
        • AE 3007
        • BR710
        • BR725
        • Tay
      • Helicopters
        • M250 turboshaft
        • RR300
        • M250 turboprop
      • Future products
      • Testing capabilities
        • Access our testing capabilities
        • Testbed facilities
    • Defence
      • Power for Future Combat Air
        • Net Zero for Future Combat Air Systems
        • Tempest
        • Orpheus
        • Developing the Next Generation
      • Digital FIRST
      • Energy Transition for Defence
      • Advanced Technology
        • LibertyWorks
        • FLRAA
      • Aerospace
        • Combat Jets
          • F130
          • Rolls-Royce LiftSystem®
          • EJ200
          • Adour
          • RB199
          • Pegasus
        • Rotary
          • AE 1107C
          • CTS800
          • MTR390
          • M250 Turboshaft
        • Transport, Tanker, Patrol & Tactical
          • AE 2100
          • AE 1107C
          • AE 3007
          • Trent 700 MRTT
          • TP400-D6
          • BR710
          • T56
          • CTS800
          • M250 Turboprop
          • T56 3.5 Enhancement
        • Trainers
          • Adour
          • M250 Turboprop
        • UAVs
          • AE 3007
          • M250 Turboshaft
          • Adour
        • Distributed Generation Systems
      • Naval
        • Gas Turbines
          • MT30 Marine Gas Turbine
          • AG9160 Generator Set
          • AG9140 Generator Set
          • MT7 Marine Gas Turbine
        • Diesel Engines
          • Power Systems
        • Propulsion
        • Naval Handling Systems
        • Naval Support & Services
        • Distributed Generation Systems
      • Submarines
      • Land
        • Distributed Generation Systems
      • Services
        • ACE
        • TwinAlytix®
    • Power Systems
      • Power Generation Solutions
      • Marine
      • Governmental
      • Power Systems Sustainability
    • Electrical Aviation
      • Our Electrical power & propulsion portfolio
      • Our Capability
  • About
    • Our Strategy
    • Leadership
      • Board
      • Executive Team
      • Corporate governance
    • Where We Operate
    • Our Research
      • Advanced Manufacturing Research Centres
      • Research and University Technology Centres
      • Rolls-Royce Cybersecurity Technology Research Network
    • Our Businesses
    • Our History
    • Heritage Trust
      • Visit
        • Our Heritage Centres
        • Heritage Trust - Bristol
        • Heritage Trust - Coventry and Ansty
        • Heritage Trust - Derby and Hucknall
        • Heritage Trust - Indianapolis
        • Heritage Trust - Scottish branch
      • Become a member
      • Volunteer
      • Learn and explore
      • What's on
      • Contact the Trust
      • Member's Section
        • The Magazine
        • News & Insights
        • Members' events
        • R-RHT Documents
  • Contact us
    • Inventors & technology licensing
    • Defence aerospace business team
    • Defence team
    • Corporate sustainability team
    • Heritage team
    • Helicopters team
    • Pensions team
  • Country sites
    • Como nos comportamos importa
      • Home
      • Rolls-Royce no Brasil
    • Rolls-Royce no Brasil
    • 日本
      • ホーム
      • ロールス・ロイスについて
        • ロールス・ロイスについて
        • サステナビリティ
        • ビジネス戦略
        • 日本で60周年
      • 日本のパートナー
        • 日本企業との協業
        • 研究開発
      • 製品とサービス
        • 民間航空
        • 防衛
        • パワーシステムズ
        • エレクトリカル
        • SMR
      • ディスカバー
      • お問い合わせ
      • 採用情報
    • 罗尔斯-罗伊斯 - 推进飞行新方式
      • country-landing-navigation
    • Rolls-Royce - Powering New Ways to Fly
      • country-landing-navigation
    • Rolls-Royce Hungary
      • Home
      • Careers
      • Discover
    • Rolls-Royce Magyarország
      • Főoldal
      • Karrier
      • Történeteink
      • Támogatott kezdeményezések
    • Rolls-Royce North America
      • Home
    • Deutschland
      • Home
      • Überblick
      • Nachrichten und Geschichten
        • Nachrichten
        • Geschichten
      • Karriere
        • Werde Teil des Teams in Dahlewitz bei Berlin
        • Talent Community
        • Ausbildung
        • Direkteinstieg
          • Direkteinstieg
          • Direkteinstieg
        • Praktikanten und Werkstudenten
        • Karriere bei Rolls-Royce Electrical
        • Schülerpraktika
        • Tag der Ausbildung
        • Termine
      • Kontakt
    • India
      • Home
      • Partners in progress
        • Our people
        • Engineering
        • Manufacturing & supply chain
      • Products & Services
        • Civil Aerospace
        • Defence
        • Power Systems
      • Sustainability
        • Our approach
        • Our community programmes
      • Contacts
      • Careers
    • 首页
      • 首页
      • 罗罗在中国​
      • 民用航空​
      • 动力系统
      • 电动飞行
      • 加入我们
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Rolls-Royce welcomes Australian investment in AUKUS preparation plans
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Thursday 21 March 2024 11:30 AM

Rolls-Royce welcomes Australian investment in AUKUS preparation plans

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21 March 2024

Rolls-Royce today welcomed the announcement that the Australian Government would be investing in its ongoing AUKUS preparations. This supplements the expansion funding already committed by the UK Ministry of Defence (MOD).

Rolls-Royce today welcomed the announcement that the Australian Government would be investing in its ongoing AUKUS preparations. This supplements the expansion funding already committed by the UK Ministry of Defence (MOD).

To meet the growth in demand from the Royal Navy, which includes AUKUS delivery commitments, work is already underway to double the size of the Rolls-Royce Submarines site in Raynesway, Derby.

Now jointly funded by UK MOD and the Australian Department of Defence, the expansion work announced last summer will create over 1,000 new jobs in Derby across a range of disciplines, including manufacturing and engineering. It will also see new manufacturing and office facilities being built on recently acquired land surrounding the existing Raynesway site.

In March 2023 it was confirmed that Rolls-Royce Submarines would provide all the nuclear reactor plants that will power new attack submarines as part of the tri-lateral agreement between Australia, the UK and US.

Rolls-Royce Submarines President Steve Carlier said:

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Last year we were proud to welcome the Hon Richard Marles MP, Australia's Deputy Prime Minister and Minister for Defence, and UK Defence Secretary Grant Shapps, to our Raynesway site to showcase some of the world-class manufacturing and engineering capabilities we have developed over the last 60 years.

This commitment of funding to our existing expansion work shows the trust Australia places on our nuclear expertise and our ability to deliver. We look forward to working with the Australian Submarine Agency to support them in building their own fleet of nuclear-powered submarines."

Grant Shapps MP, UK Secretary of State for Defence, said:

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In a more dangerous world, today's announcement symbolises the huge confidence our close partner Australia has in our world-leading defence industry, including companies such as BAE Systems and Rolls-Royce.

Through these collaborations, British industry will grow, and thousands of jobs created across the country, delivering security and prosperity to our two nations."

To support preparation for AUKUS and to meet the additional commitments to the MOD, Rolls-Royce recently announced the opening of two satellite offices in Glasgow and Cardiff. The locations were selected to help access the skilled talent pools in both regions, with more than 100 jobs being created in each city.

To further ensure a steady pipeline of future talent into the industry, Rolls-Royce opened a new Nuclear Skills Academy in Derby in 2022. It will provide 200 apprenticeships each year for at least the next decade.

Rolls-Royce Submarines currently employs more than 4,000 people and designs, manufactures and provides in-service support to the pressurised water reactors that power every boat in the Royal Navy's submarine fleet.

Rolls-Royce is currently supporting the existing Astute and Dreadnought boat build programmes through the delivery of reactor plant and associated components. Additionally, it provides frontline support across the world for reactor plant equipment from its Operations Centre in Derby and supports the submarines when in the Barrow-in-Furness shipyard and the naval bases at Devonport and Faslane.

Current Rolls-Royce Submarines Raynesway site footprint

Illustration of proposed Raynesway site expansion.

About Rolls-Royce Holdings plc
  1. Rolls-Royce develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land. Our products and service packages enable our customers to connect people, societies, cultures and economies together; they meet the growing need for power generation across multiple industries; and enable governments to equip their armed forces with the power required to protect their citizens.
  2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers. To meet customer demand for more sustainable solutions, we are committed to making our products compatible with net zero carbon emissions.
  3. Annual underlying revenue was £15.41bn in 2023 and underlying operating profit was £1.6bn.
  4. Rolls-Royce Holdings plc is publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)
  5. For the last 60 years Rolls-Royce Submarines has designed, supplied and supported the nuclear propulsion plant that provides power for all of the UK Royal Navy's nuclear submarines. They are responsible for delivering the Nuclear Steam Raising Plants, plus parts of the secondary propulsion systems to the UK Ministry of Defence, including managing these assets across their full lifecycle.

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Rolls-Royce develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land.



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Rolls-Royce Holdings plc published this content on 21 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2024 11:32:08 UTC.