Rolls-Royce Holdings Net Worth is3.7 12-Month Sales Growth (%)
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Company Name: Rolls-Royce Group plc
Company Logo: Image:Rolls-Royce logo.svg
Company Type: Public limited company
Traded As: RR.
Foundation: 1906 (as Rolls-Royce Limited), May 2003 (as holding company - Rolls-Royce Group plc) Founder: Charles Rolls and Henry Royce
Location: City of Westminster, London, United Kingdom
Key People: Simon Robertson (Chairman), John Rishton (CEO)
Industry: Aerospace, Defense contractor
Products: Civil & military aero engines, Power generation equipment
Revenue: Pound sterling11.124 billion (2011) Operating Income: Pound sterling1.186 billion (2011) Net Income: Pound sterling848 million (2011) Num Employees: 40,000 (2011)[http://www.rolls-royce.com/sustainability/our people/ Rolls Royce: Our people]
Homepage: [http://www.rolls-royce.com www.rolls-royce.com]
Rolls-Royce Group plc (LSE: RR.) is a British multinational power systems company headquartered in the City of Westminster, London, United Kingdom. It is the worlda??s second-largest maker of aircraft engines (behind General Electric), and also has major businesses in the marine propulsion and energy sectors. Through its defence-related activities it is the world's 18th-largest defence contractor measured by 2010 defence revenues. It had an announced order book of A?58.3 billion at 31 December 2009.
Rolls-Royce is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. As of December 2011 it had a market capitalisation of A?13.58 billion, the 28th-largest of any company with a primary listing on the London Stock Exchange.
Rolls-Royce Limited was founded in 1906 by Henry Royce and Charles Rolls at the Midland Hotel in Manchester, and produced its first aircraft engine in 1914.
Around half the aircraft engines used by the Allies in World War I were made by Rolls-Royce. By the late 1920s, aero engines made up most of Rolls-Royce's business. The last design in which Henry Royce was involved was the Merlin aero engine, which came out in 1935; Royce had died in 1933. This was a development subsequent to the R engine, which had powered a record-breaking Supermarine S.6B seaplane to almost 400 mph in the 1931 Schneider Trophy. The legendary Rolls-Royce Merlin is revered as a British icon. The Merlin powered many World War II aircraft: the British Hawker Hurricane, Supermarine Spitfire, De Havilland Mosquito (twin-engined), Avro Lancaster (4-engine); it also transformed the American P-51 Mustang into one of the best fighters of its time, its Merlin engine built by Packard under licence. The early Merlins - Rolls-Royce piston engines were named after birds of prey - were used by the British Royal Air Force in the Hawker Hurricane and Supermarine Spitfire that won the Battle of Britain. The Merlin engine is often considered to be one of the mai

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Rolls-Royce Holdings Latest News

Emirates ends A380 delivery standoff as Rolls agrees to fund fix

London: Emirates, the biggest long-haul airline, said it struck a deal to accept deliveries of A380 jets powered by Rolls-Royce Holdings Plc engines after the UK manufacturer agreed to fund measures to address performance and maintenance concerns.
Posted: December 8, 2016, 7:06 am

Rolls-Royce hires PwC for £5.9m audit

In a statement on the London Stock Exchange, ‘the board of Rolls-Royce Holdings plc extend[ed] its appreciation to KPMG LLP for its contribution over many years’. The PwC comes on the same day as the firm lost the £9.3m Legal & General audit contract ...
Posted: December 9, 2016, 4:47 am

Outcome of Audit Tender

Rolls-Royce Holdings plc announces that, following the conclusion of a formal tender process led by the Company's Audit Committee, the Board has approved the proposed appointment of PricewaterhouseCoopers LLP as the Company's auditor for the financial year ...
Posted: December 9, 2016, 2:42 am
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