PARIS—As the aerospace industry accelerates toward an electric future, Rolls-Royce has secured a jump-start on its strategic goals with the surprise acquisition of Siemen’s electric and hybrid electric aerospace propulsion unit. The announcement was made at the Paris Air Show, being held here June 17-23. Based in Germany and Hungary, Siemens’ eAircraft business has been crafting all-electric and hybrid electric propulsion systems for aircraft such as Eviation’s ...

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