What is Rolls-Royce asking the UK government for?

Rolls-Royce is urging the UK government to commit taxpayer support for the development of a new 3 billion pound aircraft engine project.

How much funding is Rolls-Royce initially seeking?

The company is asking for between 100 million and 200 million pounds in the first instance.

What is the new aircraft engine project called?

The project involves the development and testing of a demonstrator for the UltraFan 30 engine.

Home / Business and Economy / Rolls-Royce Seeks Billions in UK Aid for New Engine

Rolls-Royce Seeks Billions in UK Aid for New Engine

23 Feb

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Summary

Rolls-Royce requests taxpayer support for a new aircraft engine.
The project involves a 3 billion pound development cost.
Initial funding sought is between 100-200 million pounds.

Rolls-Royce Seeks Billions in UK Aid for New Engine

Rolls-Royce has formally requested that the UK government commit taxpayer support to a substantial new aircraft engine project. The development is estimated to cost 3 billion pounds. The company is seeking an initial sum of between 100 million and 200 million pounds.

This initial funding is intended to facilitate the development and testing phases of a demonstrator for the new UltraFan 30 engine. The company's plea highlights the significant financial undertaking required for such advanced engineering initiatives.

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