Rolls-Royce Holdings plc (company number 04706930) is a British multinational engineering company incorporated in February 2011 that owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. Rolls-Royce is the world’s second-largest maker of aircraft engines (after General Electric) and has major businesses in the marine propulsion and energy sectors.
|Public limited company|
|Traded as||LSE: RR.|
FTSE 100 Component
|Industry||Aerospace, Defence, Energy, Marine|
|Founder||Charles Rolls and Sir Henry Royce|
|Ian Davis (Chairman)|
Warren East (CEO)
|Revenue||£15,729 million (2018)|
|£(803) million (2018)|
|£(2,393) million (2018)|
|Total assets||£31,857 million (2018)|
|Total equity||£(1,074) million (2018)|
Number of employees
Rolls-Royce Holdings plc is listed on the London Stock Exchange, where it is a constituent of the FTSE 100 Index. As of close of London trading on 15 June 2019, the company had a market capitalisation of £17.008bn, the 31st-largest of any company with a primary listing on the London Stock Exchange.
Rolls-Royce grew from the engineering business of Henry Royce which was established in 1884 and ten years later began to manufacture dynamos and electric cranes. Charles Rolls established a separate business with Royce in 1904 because Royce had developed a range of cars which Rolls wanted to sell. A corporate owner was incorporated in 1906 with the name Rolls-Royce Limited.
In 1971 the same company, Rolls-Royce Limited, entered voluntary liquidation because it was unable to meet its financial obligations though it remains in existence today, still in liquidation, with a file number for its name. Its business and assets were bought by the government using a company created for the purpose named Rolls-Royce (1971) limited. This (1971) company remains in existence today and carries on Rolls-Royce business under the name Rolls-Royce plc.
Rolls-Royce plc returned to the stock market in 1987 under the government of Margaret Thatcher. In 2003 ownership of Rolls-Royce plc was passed to Rolls-Royce Group plc incorporated 21 March 2003 which issued its own new shares for payment to the previous shareholders. In the same way, Rolls-Royce Group plc passed ownership on 23 May 2011 to Rolls-Royce Holdings plc, a wholly new company incorporated 10 February 2011. Rolls-Royce plc remains the principal trading company. Rolls-Royce Holdings plc, like its immediate predecessor, is merely a holding company.[nb 1]
The 1980s saw the introduction of a policy to offer an engine fitment on a much wider range of civil aircraft types, with the company's engines now powering 17 different airliners (and their variants) compared to General Electric's 14 and Pratt & Whitney's 10.
The civil engines business represents the company's main area of growth: between 2010 and 2018, Rolls-Royce invested £11 billion in facilities and R&D and launched six new civil engines including the Trent XWB and the Pearl 15 for the business aviation market. It secured orders for 2,700 engines for wide-body aircraft and business jets. It expects to produce over 600 wide-body engines a year and should power over half of the world wide-body fleet within a few years, up from 22% a decade before.
In February 2017 Rolls-Royce posted its largest ever pre-tax loss of £4.6 billion; This included a £4.4 billion writedown on financial hedges that the company uses to protect itself against currency fluctuations, and a £671 million penalty to settle bribery and corruption charges with the Serious Fraud Office (SFO), the US Department of Justice, and Brazilian authorities.
On 14 June 2018 the company announced a restructuring of the business to create three simpler decentralised units (civil aerospace, defence and power systems), to rationalise back office functions and to remove middle management functions. The cost savings should amount to £400 million per year by 2020, with an up-front restructuring cost of £500 million. Some 4,600 people are likely to leave the business out of 55,000 employed worldwide, 3,000 job losses from the UK and the rest from elsewere in the world (15,700 of the employees work in Derby and 10,300 work elsewhere in the United Kingdom).
In August 2018 Rolls-Royce announced it was taking a charge of £554 million to cover faults with some Trent 1000 engines on Boeing 787 Dreamliners; Rather than going thousands of hours between inspections, the faults with turbine blades mean the engines currently require inspection every 300 hours of flight. In the same announcement Rolls-Royce said it would spend £450m fixing faults on the Trent 1000 in 2018, £450m in 2019 and £350m in 2020, with the work complete by 2022.
Rolls-Royce's $190 million test bed 80 will be the largest of its kind, sized for engines of up to 140,000 lbf (620 kN) of thrust. Design started in 2017, construction began in 2018 and it should be commissioned by mid-2020. The 80,730 sq ft (7,500 m2) facility is 426.5 ft (130.0 m) long, has a 95 ft (29 m) tall intake tower and a 123 ft (37 m) tall exhaust stack. Built from 3,450 tons of steel and 27,000 m3 (950,000 cu ft) of concrete, it has a 49 by 49 ft (15 by 15 m) tall and wide enclosed space and it can handle a 66 tons engine including its carrier.
X-ray imaging allows to visualize the position of seals and clearances in real time while an engine is running. While it was retrofitted on Rolls' test bed 57, test bed 80 is the first to be purpose-designed for industrial radiography. To protect from external X-ray like 30 cm (11.8 in.) of lead, double walls are up to 8.9 ft. (2.7 m) thick (a 5.6-ft. interior wall and 3.3-ft. exterior wall) and provide acoustic insulation. Canadian prime contractor MDS Aero Support is responsible for design and management, test systems supply, engine adapters, support systems and data acquisition and control while construction is done by Buckingham Group Contracting.
- Northern Engineering Industries / broken up and sold
In 1988, Rolls-Royce acquired Northern Engineering Industries (NEI), a group of heavy engineering companies mainly associated with electrical generation and power management, based in the North East of England. The group included Clarke Chapman (cranes), Reyrolle (now part of Siemens) and Parsons (now part of Siemens steam turbines). The company was renamed Rolls-Royce Industrial Power Group. It was sold off piecemeal over the next decade as the company re-focused on its core aero-engine operations following the recession of the early 1990s.
- Allison Engine Company/Rolls-Royce Corporation
On 21 November 1994, Rolls-Royce announced its intention to acquire the Allison Engine Company, an American manufacturer of gas turbines and components for aviation, industrial and marine engines. The two companies had a technical association dating back to the Second World War. Rolls-Royce had previously tried to buy the company when General Motors sold it in 1993, but GM opted for a management buyout instead for $370 million. Owing to Allison's involvement in classified and export restricted technology, the 1994 acquisition was subject to investigation to determine the national security implications. On 27 March 1995, the US Department of Defense announced that the "deal between Allison Engine Co. and Rolls-Royce does not endanger national security." Rolls-Royce was, however, obliged to set up a proxy board to manage Allison and had also to set up a separate company, Allison Advanced Development Company, Inc., to manage classified programmes "that involve leading-edge technologies" such as the Joint Strike Fighter program. In 2000, this restriction was replaced by a more flexible Special Security Arrangement. In 2001, Rolls-Royce and its LiftSystem was among the group that won the JSF contract for the F-35.
The Allison acquisition, at $525 million (equivalent to £328 million), brought four new engine types into the Rolls-Royce civil engine portfolio on seven platforms and several light aircraft applications. Allison is now known as Rolls-Royce Corporation, part of Rolls-Royce North America.
In 1999 Rolls-Royce acquired Vickers plc for its marine businesses. The portion retained is now Vinters Engineering Limited. Rolls-Royce sold Vickers Defence Systems (the other major Vickers area of business) to Alvis plc in 2002, which then became Alvis Vickers.
- BMW joint venture / Rolls-Royce Deutschland
Rolls-Royce has established a leading position in the corporate and regional airline sector through the development of the Tay engine, the Allison acquisition and the consolidation of the BMW Rolls-Royce joint venture. In 1999, BMW Rolls-Royce was renamed Rolls-Royce Deutschland and became a 100% owned subsidiary of Rolls-Royce plc.
- SAIC joint venture / Optimized Systems and Solutions
Optimized Systems and Solutions Limited (formerly known as Data Systems & Solutions) was founded in 1999 as a joint venture between Rolls-Royce plc and Science Applications International Corporation (SAIC). In early 2006, SAIC exited the joint venture agreement, making Rolls-Royce plc the sole owner.
- Tognum joint venture with Daimler / Rolls-Royce Power Systems Holding GmbH
In March 2011, Rolls-Royce and Daimler AG launched a $4.2 billion public tender offer for 100 per cent of the share capital of Tognum AG, the owner of MTU Friedrichshafen – a leading high-speed industrial and marine diesel engine manufacturer, which was completed using a 50:50 joint venture company. Rolls-Royce and Daimler AG intend that the joint venture company, which also now incorporates Rolls-Royce's existing Bergen engine business, is listed on the Frankfurt Stock Exchange.
- Aero Engine Controls / Rolls-Royce Controls and Data Services
Following the acquisition of Goodrich by United Technologies Corporation in July 2012, Rolls-Royce announced it would purchase Goodrich's 50% share of Aero Engine Controls to become wholly owned by Rolls-Royce Plc and a part of the Rolls-Royce Group.
At the June 2019 Paris Air Show, Rolls-Royce announced its acquisition of Siemens' electric propulsion branch (while they are partners on the E-Fan X demonstrator), to be completed in late 2019, employing 180 in Germany and Hungary.
In 1990, BMW and Rolls-Royce established the BMW Rolls-Royce joint venture to produce the BR700 range of engines for regional and corporate jets, including the BR725 powering the Gulfstream G650, which received EASA Type Certification in June 2009.
- Airbus A380
On 6 April 2004, Boeing announced that it had selected both Rolls-Royce and General Electric to power its new 787. Rolls-Royce submitted the Trent 1000, a further development of that series. GE's offering is the GENX, a development of the GE90.
- UK C-130 Hercules
- Airbus A350
In July 2006, Rolls-Royce reached an agreement to supply a new version of the Trent for the revised Airbus A350 (XWB) jetliner. This engine, the Trent XWB is an engine developed from the Trent 1000, a variant of which was offered for the original A350 proposal. As of July 2015, over 1,500 engines of this type have been supplied to 40 customers.
In October 2006, Rolls-Royce suspended production of its Trent 900 engine because of delays by Airbus on the delivery of the A380 superjumbo. Rolls-Royce announced in October 2007 that production of the Trent 900 had been restarted after a twelve-month suspension caused by delays to the A380.
- Tornado, Typhoon and Lightning
On the military side, Rolls-Royce, in co-operation with other European manufacturers, has been a major contractor for the RB199 which in several variants powers the Panavia Tornado, and also for the EJ200 engine for the Eurofighter Typhoon. Two modified RB199 engines also powered the EAP demonstrator which evolved into the Typhoon. Rolls-Royce has matured the Rolls-Royce LiftSystem invented by Lockheed Martin for the F-35 Lightning II to production level; The F-35 is planned to be produced in significant numbers.
- Air China
- Qatar Airways
On 18 June 2007, Rolls-Royce announced at the 2007 Paris Air Show that it had signed its biggest ever contract with Qatar Airways for the Trent XWB to power 80 A350 XWBs on order from Airbus worth $5.6 billion at list prices. On 11 November 2007, another large contract was announced at the Dubai Airshow from Emirates for Trent XWBs to power 50 A350-900 and 20 A350-1000 aircraft with 50 option rights. Due to be delivered from 2014, the order is potentially worth up to 8.4 billion US Dollars at list prices, including options.
On 20 November 2007, Rolls-Royce announced plans to build its first Asian aero engine facility in the Seletar Aerospace Park, Singapore. The $562m (£355m) plant complements its existing facility at Derby by concentrating on the assembly and testing of large civil engines, including Trent 1000 and Trent XWB. Productivity will be higher than at Derby, as the plant is fully integrated, as opposed to manufacturing occurring across five sites in the UK: a Trent 900 will take only 14 days to manufacture, as opposed to 20 in the UK. Originally expected to provide employment for 330 people, by the start of production in 2012, 1,600 employees were based in Singapore.
During the 2011 Avalon Airshow, Rolls-Royce faced questions concerning incidents with its Trent 900 Turbofan used to power the Airbus A380 aircraft. One of the engines suffered a partial power loss during a Qantas flight in February 2011. This followed an incident in November 2010 in which an engine disintegrated in flight causing Qantas Flight 32 to make an emergency landing in Singapore. The aircraft was extensively damaged and the airline grounded its fleet of A380s. The problem was traced to a fatigue crack in an oil pipe requiring the replacement of some engines and modifications to the design. Trent-powered A380s operated by Lufthansa and Singapore Airlines were also affected. Qantas gradually returned its A380s to service over several months. In June 2011 the airline announced it had agreed to compensation of US$100m from Rolls-Royce.
- Nuclear submarines
Rolls-Royce has been accused numerous times of corrupt practices and bribery. Most recently, in 2014, facing allegations of bribery in the aftermath of the Sudhir Choudhrie affair, Rolls-Royce offered to return money to the Indian government. The Serious Fraud Office (SFO) also investigated allegations of bribery in Indonesia and China.
In February 2015 Rolls-Royce was accused of bribing an employee of Brazil’s state-controlled oil company to win a $100 million contract to provide gas turbines for oil platforms.
In October 2016 a joint Guardian and BBC investigation alleged widespread corruption by Rolls-Royce through middlemen in foreign countries including Brazil, India, China, Indonesia, South Africa, Angola, Iraq, Iran, Kazakhstan, Azerbaijan, Nigeria and Saudi Arabia. Rolls-Royce became subject to a major SFO investigation.
Settlement with SFOEdit
In January 2017 Rolls-Royce came to an agreement with the SFO to pay £671 million under a deferred prosecution agreement to avoid prosecution for bribery to obtain export contracts. As part of this agreement, a $170 million fine was paid to US authorities to end a bribery investigation, and $25 million to the Brazilian authorities.
Subsequent to the settlement, Private Eye reported that some of Rolls-Royce's contracts under the scope of the SFO investigation had been supported by the British government's UK Export Finance department, using taxpayers' money. The government department underwrote multimillion-pound liabilities under Rolls-Royce contracts secured with the help of bribes and "facilitation" commissions. It has also been highlighted in the press that Rolls-Royce's auditor since 1995, KPMG, had failed to identify any corrupt practices throughout the 1990s and 2000s. This is notable considering judge Brian Leveson's statement that Rolls-Royce's offending was "multi-jurisdictional, numerous", "persistent and spanned from 1989 until 2013", and it "involved substantial funds being made available to fund bribe payments".
- Ian Davis, Chairman
- Warren East, Chief Executive
- Steven Daintith, Finance director
- Pamela Coles, Company Secretary
- Lewis Booth, Senior Independent director
- Kevin Smith, Senior Independent director
- Ruth Cairnie, Non-executive director
- Frank Chapman, Non-executive director
- Lee Hsien Yang, Non-executive director
- Jasmin Staiblin, Non-executive director
- Irene Dormer, Non-executive director
- Beverley Goulet, Non-executive director
- Bradley Singer, Non-executive director
Rolls-Royce's aerospace business makes commercial and military gas turbine engines for military, civil, and corporate aircraft customers worldwide. In the United States, the company makes engines for regional and corporate jets, helicopters, and turboprop aircraft. Rolls-Royce also constructs and installs power generation systems. Its core gas turbine technology has created one of the broadest product ranges of aero-engines in the world, with 50,000 engines in service with 500 airlines, 2,400 corporate and utility operators and more than 100 armed forces, powering both fixed- and rotary-wing aircraft. Rolls-Royce Marine Power Operations (a subsidiary company) manufactures and tests nuclear reactors for Royal Naval submarines.
- Rolls-Royce AE 3007
- Rolls-Royce BR700
- Rolls-Royce Conway
- Rolls-Royce RB211
- Rolls-Royce RB282
- Rolls-Royce Turbomeca Adour
- Rolls-Royce Pegasus
- Turbo-Union RB199
- Rolls-Royce Spey
- Rolls-Royce Tay
- Rolls-Royce Trent
- Eurojet EJ200
- General Electric/Rolls-Royce F136
- International Aero Engines V2500
- Rolls-Royce AE 2100
- Rolls-Royce Gem
- Rolls-Royce Model 250
- Rolls-Royce RR300
- Rolls-Royce RR500
- Rolls-Royce T406/AE 1107C-Liberty
- Rolls-Royce T56
- Europrop TP400-D6 (as part of Europrop International)
- MTR390 (with MTU and Turbomeca)
- Rolls-Royce/Turbomeca RTM322
- LHTEC T800 (with Honeywell)
- Spey SM1A and improved SM1C
- Olympus TM1, TM1A and improved TM3B
- Tyne RM1A and improved RM1C
- Kamewa and Bird-Johnson Waterjets
- Kamewa Tunnel thruster
- MerMaid pod propulsion
- Ulstein Aquamaster Azimuth thruster
- Rolls-Royce MTU Engines
- Brown Brothers Legacy Stabilizers
- Brown Brothers Neptune or VM Stabilizers
- Brown Brothers Aquarius Stabilizers
- "Preliminary Results 2018" (PDF). Rolls-Royce. Retrieved 10 March 2019.
- "Rolls-Royce Holdings". City Wire. Retrieved 10 March 2019.
- "ROLLS-ROYCE GROUP PLC". Companies House. Companies House. Retrieved 15 June 2019.
- Wall, Robert (26 February 2014). "Rolls-Royce unveils new engine for future Boeing, Airbus planes". Bloomberg Business Week. Archived from the original on 7 March 2014. Retrieved 7 April 2014.
- Aboulafia, Richard (7 January 2019). "GE's Jet Engine Business Could Lose Altitude From Sale Of Its Giant Plane Leasing Operation". Forbes. Retrieved 15 June 2019.
- "Defense News Top 100 for 2018". Defense News. Retrieved 20 March 2019.
- "FTSE 100 (UKX)". ShareCast. Retrieved 15 June 2019.
- "Rolls-Royce headquarters". Rolls-Royce Group plc. Archived from the original on 2 February 2013. Retrieved 28 September 2010.
- "Rolls-Royce Limited History". motor-car. Archived from the original on 12 April 2017. Retrieved 11 April 2017.
- "Rolls-Royce plc". Companies House. Archived from the original on 4 March 2016. Retrieved 11 April 2017.
- Rolls-Royce Holdings plc, Annual Report 2011 Archived 18 April 2017 at the Wayback Machine accessed 27 January 2017
- "Rolls-Royce delivers the first Trent aero engine produced in Singapore". Rolls-Royce. Archived from the original on 12 April 2017. Retrieved 11 April 2017.
- "Rolls-Royce confirms fundamental restructuring" (Press release). Rolls-Royce. 14 June 2018. Archived from the original on 5 December 2018. Retrieved 16 June 2018.
- Ruddick, Graham (14 February 2017). "Rolls-Royce posts biggest loss in its history". The Guardian. London. Archived from the original on 6 March 2019. Retrieved 5 March 2019.
- Dominic Walsh (11 June 2018). "Rolls-Royce to tell City about 4,000 manager job cuts". The Times. Archived from the original on 12 June 2018. Retrieved 12 June 2018.
- Julia Kollewe. "Rolls-Royce to cut 3,000 jobs in UK | Business". The Guardian. Archived from the original on 30 June 2018. Retrieved 30 June 2018.
- Christopher Jasper (11 June 2018). "Rolls-Royce 787 Engine Woes Widen as Thousands of Job Cuts Loom". Bloomberg. Archived from the original on 13 June 2018. Retrieved 11 June 2018.
- Sarah Young (14 June 2018). "Rolls-Royce cuts 4,600 jobs at 'pivotal moment' for business". Reuters. Archived from the original on 16 June 2018. Retrieved 16 June 2018.
- "Rolls-Royce profits hit by engine faults". BBC News. 2 August 2018. Archived from the original on 6 March 2019. Retrieved 5 March 2019.
- Guy Norris (10 May 2019). "Rolls' Test Site For 140,000-lb.-thrust On Track For UltraFan in 2021". Aviation Week & Space Technology.
- "The crane makers". NZR Cranes. Archived from the original on 3 March 2016. Retrieved 21 March 2015.
- Lazonick, William & Prencipe, Andrea. "Sustaining the Innovation Process: The Case of Rolls-Royce plc" page 18. Retrieved: 18 September 2010. Archive
- Ashbourne, Alex. Opening the US Defence Market Archived 9 October 2009 at the Wayback Machine Centre for European Reform page 6, October 2000. Retrieved: 18 September 2010.
- "DoD is satisfied that deal between Allison Engine Co. and Rolls Royce does not endanger national security" United States Department of Defense, 27 March 1995. Retrieved: 3 October 2012. Archived on 14 October 2013.
- Lorell et al Going Global? page 175, RAND Corporation, 2002. Retrieved: 18 September 2010. Archive
- Bolkcom, Christopher. JSF: Background, Status, and Issues page CRS-4, dtic.mil, 16 June 2003. Retrieved: 18 September 2010. Archive
- "Rolls-Royce celebrates centennial of Indianapolis operations" (PDF). Rolls-Royce. Archived from the original (PDF) on 12 April 2017. Retrieved 11 April 2017.
- "Rolls-Royce to Buy Vickers for $933 Million". New York Times. 21 September 1999. Archived from the original on 3 April 2015. Retrieved 21 March 2015.
- "Alvis leads in UK tank race". BBC. 2 August 2002. Archived from the original on 10 July 2004. Retrieved 21 March 2015.
- "Rolls-Royce Deutschland". EWMD. Archived from the original on 2 April 2015. Retrieved 21 March 2015.
- "Data Systems & Solutions expands aftermarket services with Coredata acquisition". Coredata. Archived from the original on 17 April 2015. Retrieved 21 March 2015.
- Arnott, Sarah (10 March 2011). "Rolls-Royce and Daimler bid €3.2bn for Tognum". The Independent. UK. Archived from the original on 12 March 2011. Retrieved 10 March 2011.
- "Rolls-Royce buys out Aero Engine Controls partner Goodrich". 8 June 2012. Archived from the original on 30 June 2015. Retrieved 28 June 2015.
- Michael Gubisch (18 June 2019). "Siemens sells eAircraft business to Rolls-Royce". Flightglobal.
- Tasim Zahid (6 May 2014). "Rolls Royce sells energy gas turbine business to Siemens". Reuters. Archived from the original on 19 October 2015. Retrieved 1 July 2017.
- "Rolls-Royce Offloads Ailing Marine Arm to Norway's Kongsberg". Bloomberg. Retrieved 29 March 2019.
- "Rolls-Royce BR725 engine receives EASA Type certification". Rolls-Royce plc. 24 June 2009. Archived from the original on 24 August 2011.
- "A3XX programme gathers momentum as MoU is signed with Rolls-Royce". Flight Global. 13 November 1996. Archived from the original on 2 April 2015. Retrieved 21 March 2015.
- "Rolls confident on Dreamliner project". Free Library. Archived from the original on 16 October 2013. Retrieved 17 March 2013.
- "Penny Shares Online". 10 July 2006. Archived from the original on 28 September 2007. Retrieved 13 July 2006.
- "Derby's Rolls-Royce signs £340m engine support deal with Vietnam Airlines". Derby Telegraph. Archived from the original on 17 September 2015. Retrieved 21 October 2015.
- "Rolls-Royce settles into a launch groove for A380". Flight International. 15 October 2007. Archived from the original on 17 October 2007. Retrieved 17 October 2007.
- "Rolls-Royce welcomes green light on Joint Strike Fighter programme". The Manufacturer. Archived from the original on 6 October 2013. Retrieved 17 March 2013.
- BBC (20 July 2005). "Air China at Paris Air Show". BBC News. Archived from the original on 28 May 2006. Retrieved 13 July 2006.
- "Rolls-Royce inks biggest-ever sale". Flight International. 19 June 2007. Archived from the original on 21 June 2007. Retrieved 20 June 2007.
- "Emirates places $8.4bn order for Rolls-Royce Trent XWB". Archived from the original on 21 November 2008. Retrieved 14 November 2007.
- "Channel NewsAsia". Archived from the original on 14 October 2012. Retrieved 21 March 2015.
- "News". rolls-royce.com. Archived from the original on 21 November 2008. Retrieved 21 March 2015.
- Saira Syed (2 February 2012). "Rolls-Royce gears up for Singapore production". BBC News. Archived from the original on 2 February 2012. Retrieved 2 February 2012.
- Heasley, Andrew (3 March 2011). "Rolls-Royce speaks out after more Qantas engine problems". The Age. Australia. Archived from the original on 6 March 2011. Retrieved 9 March 2011.
- "Trent 900 update". Rolls-Royce. 12 November 2010. Archived from the original on 15 November 2010. Retrieved 23 November 2010.
- "Qantas, Rolls-Royce settle over blast that grounded A380 fleet". The (Montreal) Gazette. 22 June 2011. Archived from the original on 25 June 2011. Retrieved 22 June 2011.
- "Rolls-Royce". BBC News. 22 May 2012. Archived from the original on 24 May 2012. Retrieved 24 May 2012.
- "Emirates A380". Emirates. Archived from the original on 20 May 2011. Retrieved 4 April 2011.
- "Rolls-Royce receives record £6bn engine order". BBC News. 17 April 2015. Archived from the original on 22 November 2018. Retrieved 20 June 2018.
- Osborne, Tony (17 April 2015). "Emirates Orders Trent 900 For Future A380s". Aviation Week & Space Technology. Archived from the original on 17 April 2015. Retrieved 17 April 2015.
- "Rolls Royce to return to govt Rs 18 crore paid to commission agents". indiatimes.com. PTI. 9 March 2014. Archived from the original on 13 March 2014. Retrieved 9 March 2014.
- Osborne, Alistair (1 May 2014). "Rolls-Royce chief 'optimistic' over Siemens deal". www.telegraph.co.uk. Telegraph Media Group Limited. Archived from the original on 5 May 2014. Retrieved 5 May 2014.
- "Report: Rolls Royce accused of bribing Petrobras for $100 million contract". Petro Global News. Archived from the original on 18 February 2015. Retrieved 18 February 2015.
- "Rolls-Royce middlemen may have used bribes to land major contracts". The Guardian. 31 October 2016. Archived from the original on 4 November 2016. Retrieved 2 November 2016.
- Eirik Winsnes. "Beskylder Rolls-Royce for å ha brukt skrapdeler i flymotorer". E24. Archived from the original on 22 August 2014. Retrieved 21 March 2015.
- Rob Evans, David Pegg, Holly Watt (17 January 2017). "Rolls-Royce to pay £671m over bribery claims". The Guardian. Archived from the original on 16 January 2017. Retrieved 17 January 2017.CS1 maint: Multiple names: authors list (link)
- "Rolls-Royce in £671m bribery settlement". BBC News. 17 January 2017. Archived from the original on 17 January 2017. Retrieved 17 January 2017.
- "U.S. says Rolls-Royce to pay $170 million as part of bribery settlement". Reuters. 17 January 2017. Archived from the original on 17 January 2017. Retrieved 17 January 2017.
- "Rolls of dishonour". Private Eye. London: Pressdram Ltd. 27 January 2017.
- "Board". Rolls-Royce Holdings plc. Retrieved 16 March 2018.
- "Rolls-Royce Marine Power Operations". Office of Nuclear Regulation. Archived from the original on 11 June 2017. Retrieved 10 March 2019.
- Kerry Lynch (28 May 2018). "Rolls-Royce Pearl 15 Marks Launch of New Engine Family". AIN online. Archived from the original on 28 May 2018. Retrieved 28 May 2018.
- Gunston, Bill. Development of Piston Aero Engines. Cambridge, UK. Patrick Stephens Limited, 2006. ISBN 0-7509-4478-1.
- Newhouse, John. The Sporty Game: The High-Risk Competitive Business of Making and Selling Commercial Airliners. New York: Alfred A. Knopf, 1982. ISBN 978-0-394-51447-5.
- Pugh, Peter. The Magic of a Name: The Rolls-Royce Story, The First 40 Years. London: Icon Books, 2000. ISBN 1-84046-151-9.
- Pugh, Peter. The Magic of a Name: The Rolls-Royce Story, Part 2, The Power Behind the Jets. London: Icon Books, 2001. ISBN 1-84046-284-1.
- Pugh, Peter. The Magic of a Name: The Rolls-Royce Story, Part 3, A Family of Engines. London: Icon Books, 2002. ISBN 1-84046-405-4.
- Companies with shares available to the general public
- 1906 company, Rolls-Royce Limited. Its shares became more or less valueless in 1971 and their price sank as low as a penny from a high of £1.25.
- By the time the liquidation was effectively complete those shareholders had received more than £0.60 per share from the liquidation and they may have bought them for around a penny.
- 1971 company, floated as Rolls-Royce plc still owns the principal business but itself was sold to the new holding company in 2003
- 2003 company floated as Rolls-Royce Group plc bought the 1971 company
- 2011 company floated as Rolls-Royce Holdings plc bought the 1971 company from the 2003 company