Rolls-Royce has sold its 50pc stake in the engine programme that flies the Apache military helicopters in a deal worth £248m.
The British aerospace giant, the world’s second largest maker of aeroplane engines, confirmed the sale of its half of RTM322 programme to French company Safran’s subsidary Turbomeca. The sale now gives Turbomeca full control of the design, production and support of the RTM322 engine, powering the Boeing Apache, AgustaWestland EH101 Merlin and NH90 helicopters. Rolls-Royce stressed…
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