Rolls-Royce gets £2.5bn for next-generation gas turbine engines

Summarised from Derbyshire Live's report · Updated 28 Oct, 17:45 · Archive

The Government has awarded Rolls-Royce £2.5 billion to develop next-generation gas turbine engines for civil and defence aerospace. The ten-year programme, announced in Chancellor John Healey's first budget, aims to develop 'cutting-edge' greener engines and is expected to support 3,300 jobs by the end of 2029, many in Derby, with potential for tens of thousands more positions across the supply chain.

Rolls-Royce is seeking to secure a UK engine position on next-generation narrowbody aircraft – single-aisle planes expected to enter commercial service in the mid-to-late 2030s. Manufacturers are expected to select engine partners over the coming years. Success could lead to billions more investment in the UK over subsequent decades, potentially adding £120 billion to the UK economy over the programme's lifetime and supporting the construction of new advanced manufacturing facilities.

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• £2.5bn boost for Rolls-Royce to develop 'next-generation' gas turbine enginesIt could lead to an extra 3,300 jobs, many of which could come to DerbyDerbyshire Live · 28 Oct, 17:19

In this story: Rolls-Royce · Derby · John Healey · UK

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