Rolls-Royce, UK Government Plan £2.5 Billion Jet Engine Research Program

• Rolls-Royce and the UK government plan a 10-year, £2.5 billion research programme to develop civil and defence jet-engine technologies.
• The programme targets more efficient, lower-emission engines, including a demonstrator to support entry into the narrowbody aircraft market.
• New narrowbody aircraft are expected to enter service in the mid-to-late 2030s, with engine partners selected over the next few years.
• Initial development would support 3,300 UK jobs by the end of 2029, subject to a final agreement.
• Securing an engine position could add £120 billion to the UK economy over the programme’s lifetime, creating tens of thousands of jobs.

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