The $600 million project, announced in 2015, included upgrades to the facilities, machinery and manufacturing processes at Rolls-Royce’s Indianapolis operations. A pandemic-delayed celebration of the project is scheduled to take place Wednesday afternoon.
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The multimillion-dollar project, in partnership with Purdue University and the Purdue Research Foundation, will expand aircraft engine testing facilities in both West Lafayette and Indianapolis.
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Citing multiple sources familiar with the project, IBJ first reported on the company’s overall plans June 17. Rolls-Royce said Monday that it does plan to vacate two of the three buildings at the Meridian Center campus, but said it would continue to occupy a different building than earlier reported.
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The United Kingdom-based aircraft engine manufacturer is expected to jettison about 270,000 square feet of office space on its 2.2-acre campus at 450 S. Meridian St. About 3,000 people worked in the company’s downtown offices prior to the pandemic.
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The contract to supply new engines for the B-52 bomber fleet could be worth up to $2.6 billion. It’s one of the largest contracts that Rolls’ Indianapolis operation has ever pursued.
The international race to create hypersonic missiles has supercharged developments at Purdue’s Aerospace District, one portion of the university’s $1.2 billion Discovery Park, a research and industrial center adjacent to campus.
Purdue did not release a cost for the center, which will be administered by a new not-for-profit consortium that includes Rolls-Royce North America. The project comes on top of two other new aerospace projects the school announced in recent days.
The partnership, which is expected to tackle several research projects per year, is aimed at strengthening the cybersecurity of Rolls-Royce’s products, which are used in civilian and military aircraft, nuclear power plants and other applications.
It doesn’t appear as if those cutbacks will have a significant impact on Indianapolis, where Rolls-Royce employs about 4,000 people.
The company says the nearly $50 million it’s spent developing technology for new laser weaponry over the past decade is now threatened because of a dispute with a fellow military contractor.
Rolls-Royce announced Monday that it intends to bid on the Air Force’s B-52 bomber re-engining program, which would extend the fleet’s life until 2050.
Rolls-Royce in Indianapolis has been selected to build the jet engine to power the revolutionary MQ-25 Stingray.
The owner of the 40,000-square-foot gym says upgrading the facility would cost tens of millions of dollars, and that the cost to maintain it is greater than the property’s value.
About 3,000 of the cuts will affect United Kingdom employees. The company has about 4,000 employees in Indianapolis.
Quietly—as consumers turned their attention elsewhere—virtual reality has been finding its place in business operations, particularly to make education and training more accessible and less expensive.
A VR headset allows a trainee to slide the engine out of the back of a helicopter, pull apart the engine’s dozens of components and examine them—all without interacting with the real thing.
Rolls-Royce—which has major operations in Indianapolis—needs a “smaller, more cost-effective London head-office location” than the current premises midway between the Houses of Parliament and Buckingham Palace, CEO Warren East said in a memo to staff
The Indiana Economic Development Corp. said the Purdue-based partnership will create the nation's most advanced turbine lab for compact gas engines.
The exhibition featuring aircraft engines dating back to the 1920s emphasizes the manufacturer’s past while also looking ahead.
A United Kingdom judge has approved settlement between Rolls-Royce Holdings Plc and UK prosecutors, resolving a bribery probe spanning three decades of misconduct at the jet-engine maker.
President-elect Donald Trump tweeted Sunday that costs for the F-35 fighter-jet program, the Pentagon’s most expensive weapons system, are “out of control.” The Indianapolis operations of Rolls-Royce are significantly involved in the F-35 program.
With Project Condor, the manufacturer will update its Tibbs Avenue and Raymond Street plants while continuing uninterrupted production of high-precision engines for military aircraft.
At Rolls-Royce, Reginald McGregor is tasked with finding kids who have a fascination with how things work, then molding them into future engineers who will help the company grow.
The London-based company, which has 4,000 employees in Indianapolis, has cut divisions and eliminated more than 600 senior and middle-management positions over the past year. It just hired a new chief financial officer.
