Engines

£1.5bn

Revenue

£422m

Profit

28.9%

Margin

Paris Airshow 2019 Static Display 2 Extended Landscape

Civil engine partnerships

We are a leading Tier One provider of high performance structural and rotating engine components. Based on our diverse range of capabilities and long-term partnerships with major aero-engine OEMs, we lead the industry in fabrication of advanced engine structures, cases and frames. We provide tailored repair and overhaul services, supporting our customers around the world.

Defence OEM-heritage

We are responsible for the availability and airworthiness of the RM12 engine powering the Gripen C/D fighter. This OEM-level capability includes the design, development, manufacture, assembly, certification, maintenance, repair, overhaul and technical product support globally. We work closely with our customers to ensure low cost operation and flight safety. We also provide components for a wide range of military fighter engines, including the F135 powering the world-leading F-35 fighter jet.

Civil RRSP partnerships

We have an exceptional portfolio of risk and revenue sharing partnerships, providing entitlement to aftermarket profits across 19 engine families. This provides long-term predictable cash flows for decades to come.

Government partnerships

Our engines division has strong government partnerships and unique system-level capability, including OEM-level responsibility for the RM12 engine for the Gripen C/D jet. Across its commercial contracts, it provides technology leadership across military ducts, engine cases and shafts.

Engine parts repair

Our parts repair business is growing rapidly, based on focused investment in our global capacity and certification, and our outstanding OEM relationships. Our technology provides solutions for hard-to-repair parts, and the flight-critical nature of our components mean there are high barriers to entry for other businesses.

Commercial contracts

Around a quarter of our Engines revenue comes from commercial contracts, which balances our portfolio and supports our long-term partnership approach. We provide high performance structural and rotating engine components and are industry leaders in additive fabrication technology.