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The Allison Advanced Development Company (also known as LibertyWorks) was established in 1995 as a result of Rolls-Royce plc's acquisition of the Allison Engine Company. As well as establishing a proxy board for Allison, Rolls-Royce was required to vest Allison's classified projects in Allison Advanced Development Company.
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The Indianapolis branch is expanding rapidly and is able to work alongside the existing Rolls-Royce manufacturing plant in the city. Due to rapid growth and demand for engineering expertise, between 2011 and 2013 Aero Engine Controls plans to add up to 159 engineering jobs to the current 89, [ 9 ] and plans to "add an assembly and test ...
The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. Rolls-Royce is the world's second-largest maker of aircraft engines [3] (after CFM International) [4] and has major businesses in the marine propulsion and energy sectors.
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Rolls-Royce, whose customers include world governments and British Airways, has been tightening costs under CEO Tufan Erginbilgic’s leadership.
Rolls-Royce obtained consent to drop the '1971' distinction from its company name in 1977, at which point it became known once again as "Rolls-Royce Limited". The Rolls-Royce business remained nationalised until 1987 when, after having renamed the company to "Rolls-Royce plc", the British government sold it to the public in a share offering.
Last week, Rolls-Royce published strong first-half results and raised its 2024 profit and cash flow forecasts to up to £2.3 billion and £2.2 billion, respectively, in a sign of the company's ...