Log in to use our free company, program and sector update tracker feature.

Front page

Rolls-Royce and Hispano-Suiza (Safran) sign final agreement to create joint venture

Following the Memorandum of Understanding (MoU) announced by Rolls-Royce and Hispano-Suiza (Safran) on July 4, 2014, Norbert Arndt, Rolls-Royce Executive Vice President, Structures and Transmissions, and Hélène Moreau-Leroy, Chairman and CEO of Hispano-Suiza, have signed a final agreement to create a jointly-owned company that will design, develop, produce and support accessory drive train transmissions (ADT) for all of Rolls-Royce's future civil aircraft engines.

The new company will capitalize on its parent companies' combined experience and expertise, encompassing the design and production of accessory drive transmissions by Hispano-Suiza, and engine design and propulsion system integration by Rolls-Royce.

Based on an initial exclusive 25-year contract, the joint company will cover the entire range of civil aircraft, from business jets to widebody commercial jets. In particular, it will contribute to the Airbus A330neo, a new aircraft for which Rolls-Royce won the engine contract in July 2014 with its Trent 7000.

The new joint venture company will be headquartered at Hispano-Suiza's site in Colombes, in the greater Paris area, and will also operate at Rolls-Royce's facilities in Derby (United Kingdom) and in Dahlewitz (Germany).

A production plant will be built in a competitive country starting in 2015, with the aim of starting operations in late 2016 or early 2017. The joint venture company will initially total about 180 employees, including staff from its parent companies.

"With each parent company contributing its world-class skills to this joint venture, we have taken a major step forward in performance," said Norbert Arndt, Rolls-Royce Executive Vice President, Structures and Transmissions. "Our aim is to meet the requirements of our customers, both aircraft-makers and airlines, by giving them outstanding, cost-competitive products."

Hélène Moreau-Leroy, Chairman and CEO of Hispano-Suiza, added: "For both Rolls-Royce and Hispano-Suiza, the creation of this joint venture marks a major step towards the consolidation of our historical relationship within a long-term partnership, and enables us to stake out a position on new aircraft programs. It will also provide exciting new opportunities for our employees."

Subject to approval of this agreement by the regulatory authorities, the joint venture will start operation in early 2015.

Press release issued by Rolls-Royce Plc Civil Aerospace on October 24, 2014


 Contact details from our directory:
Safran Transmission Systems Engine Controls, Full Authority Digital Controls, Sensors/Transducers, Wire Assemblies, Thrust Reversers, Gearboxes, Fuel Pumps, Engine Heat Exchangers, Nacelles, Emergency Generators, Wire Harnesses, Engine Mounts, Electrical Actuators, Mechanical Transmissions, Landing Gear Controls, Steering Systems, Power Distribution Equipment, Airborne Electrical Power Supplies
Rolls-Royce Plc Civil Aerospace Turbofan Engines


 Related aircraft programs:
Airbus A330


 Related directory sectors:
Power Transmission

Enhanced listings:

Reduce the time spent on current projects by using ESDU – engineering data and software that have been approved and endorsed by professional institutions.

Quintus Technologies
Quintus Technologies is a global leading provider of high pressure fluid cell presses and hydroform deep-draw presses for sheet metal forming

United Performance Metals
A global distributor and processor of titanium products for over 40 years, and a leading supplier to the aerospace industry

MW Industries, Inc
Design and manufacture springs, fasteners and related products for aerospace including: engine components, flight controls, propulsion, landing gear, interiors, avionics, and space exploration vehicles.

Dexmet Corporation
Dexmet MicroGrid® an innovative product line that help improve the composite aircraft withstand the rigors of a lightning strike

See our advertising tariff.


Monthly page limit exceeded. Please buy a subscription.

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2016. Terms & Conditions of reading.