Rolls-Royce has secured a $100m deal in America under which it will sell the US Air Force (USAF) engines and spare parts for its transport fleet of C-130 “Hercules”.
Under the deal, engines and parts purchased from the FTSE 100 Company will be used as it services allied air forces’ aircraft under foreign military sales contracts.
Rolls-Royce AE2100 engines are already being used to power the latest version of the Hercules, the C-130J model. Another variant T56 engines are used in earlier models of the cargo aircraft.
Tom Hartmann, senior vice-president of Rolls’ customer business division: “Rolls-Royce AE 2100 engines provide the dependable, efficient power required by the US Air Force and our allies to complete their transport missions with the C-130J fleet.
Previously, the company announced it was to lay off 2,600 employees of its 55,000 staff over the duration of a year and a half as it restructures the business following its second profit warning in a year. The goal is to cut costs by £120m over the next two years.