Rolls-Royce has extended its low-pressure turbine supply contract with part-owned Spanish subsidiary Industria de Turbo Propulsores to include the latest Trent 1000 and XWB engine variants.
As a risk- and revenue-sharing partner ITP will design and manufacture the LPTs for the UK engine maker's Trent 1000-TEN - which will be used on the Boeing 787-10, and can be used to power earlier Dreamliner models - and for the Trent XWB-97, to equip the Airbus A350-1000. The Bilbao-based engine specialist is jointly owned by Spain's Sener Group (53%) and Rolls-Royce (47%), and has supplied Rolls-Royce with LPTs for all Trent engines since the Trent 500.
Some €250 million ($330 million) will be invested in research and development for the two LPT modules.
ITP aims to double annual sales from the 2011 figure - €519 million - by 2015. In 2012, sales totalled €581 million.
The A350-1000's first flight is slated for 2016, and the 787-10's for the following year.