Rolls-Royce will invest £150 million in new and existing civil aerospace facilities in the Derby, United Kingdom.
The substantial investment is part of Rolls-Royce’s plans to double engine production, and deliver on the organisation’s record civil aerospace order book. This aligns with the company’s ongoing industrial transformation, as it looks to provide additional capacity to develop and test the next generation of sector leading aero-engines.
Eric Schulz, President of Civil Aerospace for Rolls-Royce said on the announcement, “This investment comes at a time of unprecedented growth in Rolls-Royce. We are doubling the production of new engines at the same time as introducing three new engines to the market.”
Specific investments will be made in Rolls-Royce’s Derby large engine maintenance repair and overhaul facility, along with further manufacturing facilities around the local area.