Rolls Royce plc

Rolls-Royce plc is the second-largest aircraft engine maker in the world, behind General Electric's GE Aircraft Engines division.
Rolls-Royce, an automotive company founded in 1906 by Henry Royce and C.S. Rolls, produced its first aircract engine in 1914.
Having been selected as the sole engine for the Lockheed L-1011 (Tristar) Rolls-Royce committed heavily to the RB211 engine. Development of the RB211 was hampered by considerable problems and on February 4, 1971 Rolls-Royce was declared bankrupt. To save the company Edward HeathÃÂÃÂs government nationalized it. The automotive division was separated from the aircraft engine division in 1973 as Rolls-Royce Motors. Rolls-Royce plc was privatized in 1987 under Margaret Thatcher. Following this return to the private sector Rolls Royce has gone from strength to strength. The 1980s saw the introduction of a policy to offer an engine on every civil aircraft type ÃÂÃÂ with the company now powering 17 different airliners (and their variants) compared to General ElectricÃÂÃÂs 14 and Pratt & WhitneyÃÂÃÂs 10.
Rolls-Royce's aerospace business makes commercial and military gas turbine engines for military, airline, and corporate aircraft customers worldwide. In the U.S, the company makes engines for regional and corporate jets, helicopters, and turboprop aircraft. Rolls-Royce also constructs and installs power generation systems and is one of the world's largest makers of marine propulsion systems. Its core gas turbine technology has created one of the broadest product ranges of aero engines in the world, with 50,000 engines in service with 500 airlines, 2,400 corporate and utility operators and more than 100 armed forces, powering both fixed- and rotary-wing aircraft.
Rolls-Royce has established a leading position in the corporate and regional airline sector through the development of the Tay engine, the acquisition of Allison in 1995 and the consolidation of the BMW Rolls-Royce joint venture. In 1999 BMW Rolls-Royce was renamed Rolls-Royce Deutschland and in 2000 this group became a 100% owned subsidiary of Rolls-Royce plc. The acquisition of Allison brought four new engine types into the Rolls-Royce civil engine portfolio on seven platforms and several light aircraft applications.
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Rolls-Royce
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