Rolls-Royce: £85 million contract awarded to Castle Precision
(CercleFinance.com) - Rolls-Royce announces that it has awarded Scottish company Castle Precision Engineering a contract worth over £85 million to manufacture critical aerospace engine parts.
The agreement, backed by the UK government, extends a 40-year collaboration and will run until the middle of the decade.
Castle Precision, which employs 120 people, will also continue to produce components for Rolls-Royce's Trent, Pearl and EJ200 engines.
The contract is described as 'the largest in Castle's history'.
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