... of aircraft components, parts and engines, refurbishment work, and all after market services. The refurbishments and after market services are often included in company turnover because they are considered future cash flows. It excludes the systems that support avionics such as air and ground controls, their electronics and the electrical systems on board aircrafts. Rolls Royce has positioned itself as the worlds second largest aircraft maker, closely behind General Electric (GE), but no less a technological leader in the aerospace, marine, and energy sectors of the industry. Throughout recent years the company has built a broader base growing through acquisitions and the expansion of its ample product range. Success has been attributed to the ability to accurately recognize the requirements of world markets and provide outstanding customer and product life support. The Rolls Royce aerospace business makes gas turbine engines for both military and commercial aircraft worldwide. These customers ...

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