Company Description
Rolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011 and is a publicly traded company. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries.
Rolls-Royce pioneers the power that matters to connect, power and protect society. Rolls-Royce has pledged to achieve net zero greenhouse gas emissions in their operations by 2030 (excluding product testing) and joined the UN Race to Zero campaign in 2020, affirming their ambition to play a fundamental role in enabling the sectors in which they operate achieve net zero carbon emissions by 2050.
Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces more than 4000 marine customers including 70 navies and navies, and more than 5,000 power and nuclear customers.
Annual underlying revenue was £10.95 billion in 2021, underlying operating profit was £414m and they invested £1.18 billion on research and development. They also support a global network of 28 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.