Rolls Royce and Titanium Metals Connection

Click: Rolls Royce News
Click: TIE is the "primary supplier" to Rolls Royce engines
Click: Paris Air Show Info
Click: Rolls Royce Titanium Application
Info: V2500 Engine

1. Rolls-Royce develops and produces the V2500 in collaboration with MTU, Pratt & Whitney and the Japanese Aero Engines Corporation. A joint venture company, International Area Engines (IAE), in which Rolls-Royce holds a 32.5 percent stake, was founded in 1983 for marketing purposes. At present between 250 and 300 engines of this type are built every year. Globally, over 1,000 aircraft fitted with V2500 engines are in service with over 125 customers in 35 countries.
2. Rolls-Royce Deutschland has a workforce of around 2,500 divided between its two sites in Dahlewitz near Berlin and Oberursel near Frankfurt am Main. Rolls-Royce Deutschland is Germany’s only officially approved engine manufacturer licensed to develop, manufacture and maintain modern civil and military turbine engines. The BR700 family of engines, developed in Dahlewitz, are the first German civil jet engines to have international certification. As a centre of competence for twin-shaft engines within the Rolls-Royce Group, the Dahlewitz site is also responsible for the Tay, Spey and Dart engine series and now for the Rolls-Royce share of the V2500 engine as well.
3. The Oberursel plant manufactures components for Rolls-Royce engines, and maintains and overhauls small gas turbines for civil and military applications. Final assembly, maintenance and support for the RTM322 engines developed jointly with Rolls-Royce Turbomeca for the Bundeswehr’s new NH90 helicopters are carried out in Oberursel.
4. Rolls-Royce has a global workforce of around 36,000, of whom 22,000 are based in the United Kingdom. 40 per cent of its employees are located outside the UK, including almost 5,000 in continental Europe and 8,000 in North America. Rolls-Royce operates in four markets - civil aerospace, defence aerospace, marine and energy. The company is investing in technology and capability that can be exploited in each of these sectors to create a competitive range of products.

On March 15, 2007, the registrant entered into an agreement for the purchase and sale of titanium products (the "Supply Agreement") with Rolls-Royce, Plc ("Rolls-Royce") and certain of its affiliates.

The Supply Agreement was effective as of January 1, 2007 and, unless extended by the parties, will expire December 31, 2016. Under the Supply Agreement, among other things, the registrant will be the primary supplier of Rolls-Royce's titanium requirements for gas turbine engines.