What Happened
UK Government Backs Rolls-Royce in £2.5 Billion Engine Development
Rolls-Royce and the UK Government have announced a 10-year, £2.5 billion research and technology programme to secure the UK’s position in the next generation of commercial aircraft engines. The programme aims to accelerate the development of more efficient, lower-emission gas turbine technologies and support thousands of jobs. The initiative is expected to deliver £120 billion to the national economy over its lifetime. This development was first reported by UK Aviation News.