21st Feb 2014 07:35
LONDON (Alliance News) - Rolls-Royce Holdings said Friday it has extended its contract with the US Air Force which will see the firm increase support of the C-130J transport fleet.
The USD182.7 million contract - MissionCare - covers sustainment services for the Rolls-Royce AE 2100 engines as well as nacelles and propellers on the US Air Force C-130J fleet, said the company.
The contract also includes logistics, programme management, engineering services, spares and technical data support in a "tailored" suite for its military customer, said Rolls-Royce. The US Air Force contract is in the seventh option year, providing a variety of support for the fleet of C-130J aircraft. Thus far, the firm has maintained above 90% parts and fleet availability in the contract, through proactive fleet management.
The US Air Force increased its order for spares and spare parts under the deal, said Rolls-Royce, as well as adding Field Service Representatives from the company at two new bases.
The Rolls-Royce AE 2100 engine is part of the AE product family, which has over 5,800 engines in service and nearly 60 million flight hours. Rolls-Royce also supports the C-130J engine fleet through its new Defense Operations Center in Indianapolis, providing 24/7 real-time engineering support for operators of a variety of aircraft for the USAF and other military branches
Paul Craig, Rolls-Royce, President for Defence Customer Services, said, "We continually seek new ways to deliver innovative and cost effective support to the US Air Force and we are delighted to be expanding our services on their behalf."
The news comes at the end of good week for Rolls-Royce; the firm has seen increased investor interest after after the British and Saudi Arabian governments came to a deal with defence firm BAE Systems over how much more Saudi Arabia should pay for the Eurofighter Typhoon jets the Middle East country bought back in 2007. Rolls-Royce makes the engines for the Typhoon. Saudi Arabia had ordered 72 of the fighters for GBP4.5 billion, but the costs of the project soon escalated.
Shares in Rolls-Royce were 1,010 pence per share, ahead of the market open Friday.
By Alice Attwood; [email protected]; @AliceAtAlliance
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