Rolls-Royce Holdings

Rolls-Royce traces its roots back to 1884 when Henry Royce established an electrical and mechanical company. In 1904, Royce began manufacturing cars and later collaborated with CS Rolls & Co., owned by Charles Rolls, to sell the cars. With the onset of the First World War, Rolls-Royce began its first foray into aircraft engine manufacturing. The engine manufacturing section of Rolls-Royce produces propulsion systems for marine equipment as well as power generation systems. Overall, Rolls-Royce operates in the industrials sector under four segments. Civil aerospace entails manufacture of engines for civilian aircrafts and power systems that focus on power generation systems and marine propulsion systems. The defense segment entails manufacturing of engines for military aircraft, and ITP Aero, which entails manufacture of gas turbines, meant for the oil and gas industry.

Rolls-Royce operates primarily in the UK and internationally through several subsidiaries. The company trades on the London Stock Exchange under the symbol RR and forms a part of the FTSE 100 component. Rolls-Royce is based in London, UK. 

 

Latest Rolls-Royce Holdings News

Rolls-Royce share price dips after AGM statement

Shares in Rolls-Royce Holdings (LON:RR) are in the red this morning even as the company said that trading was in line with expectations. The news comes after the blue-chip engine market suffered a blow earlier this week, getting the UK...

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