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The company 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 [3] (after CFM International) [4] and has major businesses in the marine propulsion and energy sectors.
C. A. Parsons and Company was a British engineering firm which was once one of the largest employers on Tyneside.The company became Reyrolle Parsons in 1968, merged with Clarke Chapman to form Northern Engineering Industries in 1977, and became part of Rolls-Royce in 1989.
It was created as a joint company in 1954 with the name Rolls-Royce and Associates; the associates being Vickers, Foster Wheeler and later Babcock & Wilcox. It changed its name on 15 January 1999 to Rolls-Royce Marine Power Operations Limited and is part of the marine business of Rolls-Royce plc.
A £9bn deal for nuclear submarine reactors has been agreed between the Ministry of Defence and Rolls-Royce - the biggest ever between the two. Defence Secretary John Healey announced the eight ...
Britain's government on Friday announced a deal with engine-maker Rolls-Royce to support the Royal Navy's fleet of nuclear submarines, seen as boosting economic growth and national security.
Rolls-Royce has been working on so-called nuclear microreactors for more than three years. The company said the reactors could provide energy for data centers, mining, and space missions.
Rolls-Royce North America, Inc. is a subsidiary of multinational corporation Rolls-Royce plc. The American unit operates under a Special Security Arrangement which allows it to work independently on some of the most sensitive United States defense programs despite its foreign ownership.
PRAGUE (AP) — The Czech power company CEZ signed a deal Tuesday with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors. Under the agreement, CEZ will acquire a 20% share in Rolls-Royce SMR for which it will pay several billion Czech crowns (hundreds of millions of dollars).