Rolls-Royce (RYCEY)(RYCEF) and the British government announced plans Wednesday for a 10-year, £2.5 billion ($3.3 billion) research and technology program aimed at developing jet engines for the next generation of commercial aircraft and military applications.
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If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Quick Insights If successful, Rolls-Royce could gain significant exposure to the narrowbody market, challenging incumbents and opening long-term opportunities for engine sales and services.
The company faces substantial development costs, tough competition, and uncertainty about whether aircraft manufacturers will select its engines. By providing extended warranties and longer maintenance intervals, the company emphasizes aftermarket services that could increase stable revenue streams