Rolls-Royce Plc
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Rolls-Royce Plc
Rolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011. 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 (after General Electric) and has major businesses in the marine propulsion and energy sectors. Rolls-Royce was the world's 16th largest defence contractor in 2018 when measured by defence revenues. Rolls-Royce Holdings plc is listed on the London Stock Exchange, where it is a constituent of the FTSE 100 Index. At the close of London trading on 28 August 2019, the company had a market capitalisation of £4.656bn, the 85th-largest of any company with a primary listing on the London Stock Exchange. The company's registered office is at Kings Place, near Kings Cross in London. History Ownership Rolls-Royce grew from the engineering business ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Rolls-Royce Controls And Data Services
Rolls-Royce Controls and Data Services Limited provides safety critical controls and asset intelligence solutions for industrial power, marine, civil and military aerospace. It produces engine control software, electronic engine controls (EEC), fuel metering units (FMU), fuel pumps and engine actuators for a large number of common commercial and military aircraft. Together these parts comprise the control system for a jet engine, responsible for delivering the correct amount of fuel and maintaining engine safety. History The company was originally part of Lucas Industries, responsible for producing fuel systems for aircraft. From 1938 the company produced fueling systems for second world war aircraft. In August 1996 the company was merged, along with the rest of Lucas Industries, with the North American Varity Corporation to form LucasVarity. In 1999 LucasVarity was acquired by TRW for $6.6bn, which sold the Lucas Aerospace section of the company to Goodrich Corporation fo ...
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Registered Office
A registered office is the official address of an incorporated company, association or any other legal entity. Generally it will form part of the public record and is required in most countries where the registered organization or legal entity is incorporated. A registered physical office address is required for incorporated organizations to receive official correspondence and formal notices from government departments, investors, banks, shareholders and the general public. In the United Kingdom In the United Kingdom, the Companies Act 2006 requires all companies to have a registered office. Documents may be served on companies by delivery to the registered office address as recorded at Companies House. A registered office address is required for incorporated organizations to receive official correspondence and formal notices from government departments, investors, banks, shareholders and the general public. The registered office address does not have to be where the organizat ...
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Pounds Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO 4217, ISO code: GBP) is the currency of the United Kingdom and nine of #Crown Dependencies and British Overseas Territories, its associated territories. The Pound (currency), pound (pound sign, sign: £) is the main unit of account, unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which special drawing rights#Value definition, calculate the value of International Monetary Fund, IMF special drawing rights. As of mid ...
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Market Capitalisation
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also u ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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GE Aviation
GE Aviation, a subsidiary of General Electric, is headquartered in Evendale, Ohio, outside Cincinnati. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft. GE Aviation is part of the General Electric conglomerate, which is one of the world's largest corporations. The division operated under the name of General Electric Aircraft Engines (GEAE) until September 2005. GE Aviation's main competitors in the engine market are Pratt & Whitney and Rolls-Royce. Not only does GE Aviation manufacture engines under its own umbrella, it also partners with other manufacturers. CFM International, the world’s leading supplier of aircraft engines and GE’s most successful partnership, is a 50/50 joint venture with the French company Safran Aircraft Engines. As of 2019, CFM International holds 39% of the world's commercial aircraft engine market share (while GE Aviation itself holds a further 16%). GE and Safran also operate anot ...
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Aircraft Engine
An aircraft engine, often referred to as an aero engine, is the power component of an aircraft propulsion system. Most aircraft engines are either piston engines or gas turbines, although a few have been rocket powered and in recent years many small UAVs have used electric motors. Manufacturing industry In commercial aviation the major Western manufacturers of turbofan engines are Pratt & Whitney (a subsidiary of Raytheon Technologies), General Electric, Rolls-Royce, and CFM International (a joint venture of Safran Aircraft Engines and General Electric). Russian manufacturers include the United Engine Corporation, Aviadvigatel and Klimov. Aeroengine Corporation of China was formed in 2016 with the merger of several smaller companies. The largest manufacturer of turboprop engines for general aviation is Pratt & Whitney. General Electric announced in 2015 entrance into the market. Development history * 1848: John Stringfellow made a steam engine for a 10-foot wingspan mod ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Lancashire
Lancashire ( , ; abbreviated Lancs) is the name of a historic county, ceremonial county, and non-metropolitan county in North West England. The boundaries of these three areas differ significantly. The non-metropolitan county of Lancashire was created by the Local Government Act 1972. It is administered by Lancashire County Council, based in Preston, and twelve district councils. Although Lancaster is still considered the county town, Preston is the administrative centre of the non-metropolitan county. The ceremonial county has the same boundaries except that it also includes Blackpool and Blackburn with Darwen, which are unitary authorities. The historic county of Lancashire is larger and includes the cities of Manchester and Liverpool as well as the Furness and Cartmel peninsulas, but excludes Bowland area of the West Riding of Yorkshire transferred to the non-metropolitan county in 1974 History Before the county During Roman times the area was part of the Bri ...
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Manchester
Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The two cities and the surrounding towns form one of the United Kingdom's most populous conurbations, the Greater Manchester Built-up Area, which has a population of 2.87 million. The history of Manchester began with the civilian settlement associated with the Roman fort ('' castra'') of ''Mamucium'' or ''Mancunium'', established in about AD 79 on a sandstone bluff near the confluence of the rivers Medlock and Irwell. Historically part of Lancashire, areas of Cheshire south of the River Mersey were incorporated into Manchester in the 20th century, including Wythenshawe in 1931. Throughout the Middle Ages Manchester remained a manorial township, but began to expand "at an astonishing rate" around the turn of the 19th century. Manchest ...
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MTU Turbomeca Rolls-Royce
MTU Turbomeca Rolls-Royce GmbH (MTR) is a multinational engine manufacturer established to develop, manufacture, and service the MTR390 turboshaft engine. It is a joint venture between three European aero-engine manufacturers, Germany's MTU Aero Engines, France's Turbomeca and Britain's Rolls-Royce. To date, the company's only product has been the MTR390, which was specifically developed for helicopter applications. It powers the Eurocopter Tiger attack helicopter. History MTU Turbomeca Rolls-Royce (MTR) was established during June 1989 as a part of the framework created on behalf of the French and West German governments to developed an advanced multirole battlefield helicopter, the Eurocopter Tiger. While a joint venture between the French aerospace firm Aérospatiale and German company Messerschmitt-Bölkow-Blohm (MBB) was chosen as the principal contractors to develop the rotorcraft itself, a separate entity was established to develop the MTR390 powerplant to power it.Krotz ...
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