Rolls-Royce Holdings offered a flat earnings forecast for its marine unit in 2012. Rolls-Royce equips the U.S. Navy's DDG-1000 Zumwalt Class destroyer with engines. "[W]e are confident the order book will grow again in 2012 although we continue to expect to see pricing pressure going forward," said Finance Director Mark Morris.
Construction begins this week on a $100 million Rolls-Royce aircraft-engine components plant in Prince George County, Va. Rolls-Royce plans to use the campus as the hub for two research ventures, the Commonwealth Center of Advanced Manufacturing and the Commonwealth Center for Aerospace Propulsion Systems.
Northstar Aerospace Inc. has received a contract from Rolls-Royce to provide machining for gearboxes and parts used in commercial and military aircraft. In addition, Northstar is building a plant in Indiana that will function as a specialized feeder plant for Rolls-Royce.
Goodrich has received an Air Force contract to build operator seating for the E-3 Airborne Warning and Control System aircraft. Terms of the agreement weren't disclosed. The company expects to produce more than 500 seats.