Rolls-Royce to gain full ownership in engine JV

Rolls-Royce will acquire the remaining 50% of shares in its UK-based joint venture with Goodrich, Aero Engine Controls (AEC). The JV was launched in January 2009 (ATW Daily News, Jan. 8, 2009), combining the engine controls businesses of the two companies. AEC employs approximately 1,400, with sites...

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