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...

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