Rolls-Royce announces joint venture

Rolls-Royce and Snecma Moteurs have set up a new joint venture company to conduct programmes related to military combat aero engines which are supported by the UK and French governments.

Rolls-Royce and Snecma Moteurs have set up a new joint venture company to conduct programmes related to military combat aero engines which are supported by the UK and French governments, starting with joint technology acquisition programmes.

Rolls-Royce Snecma Limited will take over responsibility for developing the joint Advanced Military Engine Technology (AMET) programme into its next phase and for collaborative propulsion studies on the Future Offensive Air System (FOAS).

The new company, a 50:50 joint venture, will be based in London and managed by Guillaume Giscard d’Estaing on secondment from Snecma.

It will act as prime contractor and single point of contact to the two governments and will be in charge of whole engine integration studies.

All other activities will be sub-contracted, initially to the parent companies but with the possibility of extending this to other companies as programmes evolve.

John Rose, the Chief Executive of Rolls-Royce, and Dominique Paris, the Chairman and Chief Executive Officer of Snecma Moteurs, signed an agreement in London yesterday, February 15 to set up the joint venture company.

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