Rolls-Royce completes sale of helicopter interest in £250m deal

AERO engine manufacturer Rolls-Royce has completed the sale of its 50% shareholding and interest in the RTM322 helicopter engine programme to Turbomeca in a deal worth £250m (€293m).

Turbomeca, part of the Safran group, now assumes full responsibility for managing the design, production and support of the RTM322 engine, which powers the Apache, EH101 Merlin and NH90 helicopters. Rolls-Royce will progressively transfer its operational responsibilities in the engine programme to Turbomeca over a multi-year period.
 
During the transfer period Rolls-Royce will provide full assistance to Turbomeca to ensure all RTM322 customers continue to receive effective support.
 
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.