PR Newswire, London, July 26. This press release is transmitted on behalf of Rolls-Royce.
Rolls-Royce, a global company providing power on land, sea and air, sees a potential defence aerospace market worth more than #250 billion over the next 10 years.
Only around 15 per cent of this is likely to be through traditional engine supply, while over 40 per cent will come from the supply of spares, parts and repair activity. The remaining business, more than 40 per cent, will be in providing and supporting complete systems and platforms.
In 1999, 25 percent of Rolls-Royce turnover came from its defence aerospace business and the company sees this as a key area for future growth.
Sue Lyons, …
