Rolls-Royce and Safran complete sale of RTM322 helicopter engine programme to Turbomeca

Rolls-Royce has completed the sale of its 50% shareholding and interest in the RTM322 helicopter engine programme to Turbomeca (a Safran company), for which it has received a cash consideration of €293m. Turbomeca now assumes full responsibility for managing the design, production and support of the RTM322 engine, which powers the Apache, EH101 Merlin and NH90 helicopters. Rolls-Royce will progressively transfer its operational responsibilities in the engine programme to Turbomeca over a multi-year period. During this transfer period Rolls-Royce will provide full assistance to Turbomeca to ensure all RTM322 customers continue to receive effective support.