Rolls-Royce sells RTM322 interest to Turbomeca
Rolls-Royce has announced that it has completed the sale of its interest in the RTM322 helicopter engine programme to Turbomeca. Rolls-Royce had a 50 per cent shareholding in the programme, for which it has received a cash consideration of €293 million from Turbomeca.
The purchase will see Turbomeca assume full responsibility for managing the design, production and support of the RTM322 engine; with Rolls-Royce progressively transfering its operational responsibilities in the engine programme to Turbomeca over a multi-year period.
During this transfer period Rolls-Royce will provide full assistance to Turbomeca to ensure all RTM322 customers continue to receive effective support.
The RTM322 engine powers the Apache, EH101 Merlin and NH90 helicopters. The RRTM Adour engine programme, which powers the Hawk and Jaguar aircraft, is unaffected by this sale, as are the other helicopter engine programmes in the Rolls-Royce portfolio.
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