Reuters
Rolls-Royce and the UK government have agreed a framework for a £2.5 billion technology program aimed at developing engines for future narrowbody aircraft. The proposed government support would help the British manufacturer secure a place on the next generation of jets and return to the largest segment of the civil aerospace market.
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Rolls-Royce and the UK government have agreed a framework for a £2.5 billion technology program aimed at developing engines for future narrowbody aircraft. The proposed government support would help the British manufacturer secure a place on the next generation of jets and return to the largest segment of the civil aerospace market.
The UK government has outlined a multi-decade cooperation agreement with Rolls-Royce, beginning with a 10-year, £2.5 billion ($3.3 billion) co-investment program. The effort is aimed at developing next-generation gas turbine technologies for civil and defense aerospace, linking public and private funding to future propulsion development.
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