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Rolls-Royce wins £1.9bn B-52 engine contract

Aerospace engineer Rolls-Royce said it had won a £1.9bn deal to supply parts for the US Air Force’s (USAF) fleet of B-52 bombers for the next 30 years.
Rolls will provide engines for the 76 planes from its American manufacturing plant in Indianapolis, the company said on Monday.

The deal is part of USAF’s strategy to upgrade their B-52 fleet to ensure they keep running until 2050.

It comes as Rolls is in the process of offloading its Spanish arm to private equity firm, Bain Capital which has until Monday to finalise a £1.3bn acquisition of ITP Aero, which is based near Bilbao.

The deal was halted by demands from the Spanish and Basque authorities to involve local companies in the purchase to ease concerns about job losses and weaker investment.

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