Roll-Royce nets £62m fleet support deal with US Air Force

BLUE CHIP engineer Rolls-Royce has won an engine support contract with the US Air Force, worth $97.3m (£61.9m).

The contract, which runs until January 2014, involves the firm providing logistics, engineering services, programme management support, spare parts and technical data support to the US Air Force’s C-130J fleet.

“We are proud that the US Air Force has again chosen Rolls-Royce to deliver our innovative and cost effective MissionCare support,” Paul Craig, president of Rolls-Royce defence customer services, said yesterday.

Rolls-Royce, which services the aircraft at its defence operations centre in Indianapolis, said it had sustained more than 90 per cent of the C-130J fleet over the past six years.

The contract win comes ahead of Rolls-Royce’s full-year results this Thursday. Morgan Stanley expects earnings of £1.9bn, on revenues of £15.3bn over the year, as Rolls’ acquisition of Tognum gives a boost to the results.

Rolls-Royce, which secured major deals last year including a contract with Singapore Airlines to power 25 Airbus aircraft, last week netted an order for its Trent XWB engines worth $1.1bn at list prices.

Shares in the company fell 0.87 per cent yesterday to 967.5p.