• 11/07/2016 Rolls-Royce Holdings plc acquisition of outstanding stake in ITP from SENER

    Rolls-Royce Holdings plc will purchase the outstanding 53.1% shareholding in Industria de Turbo Propulsores SA ("ITP") owned by SENER Grupo de Ingeniería SA ("SENER"). The acquisition strengthens Rolls-Royce's position on its Civil Aerospace large engine growth programmes by capturing significant additional value from its long-term aftermarket revenues, including the high volume Trent 1000 and Trent XWB engines, where ITP has played a key role as a risk and revenue sharing partner. It also enhances the group's manufacturing and services capabilities and adds value to the Defence Aerospace business, particularly on the TP400 and EJ200 programmes.

  • 29/06/2016 ITP participates in the latest application of Honeywell’s HTF7000 turbofan

    ITP has signed an agreement with Honeywell to extend its participation as an RRSP (Risk and Revenue Sharing Partner) in the sixth application of the HTF7000, the HTF7700L that powers the Cessna Citation Longitude business jet.

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