Internship
Designs, manufactures, and services propulsion systems
No salary listed
Friedrichshafen, Germany
Hybrid
Work is primarily on-site in Friedrichshafen; partial mobile work may be arranged with the department.
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Rolls-Royce Holdings plc designs, manufactures, and services complex power and propulsion systems for aerospace, marine, and industrial markets. Its offerings include aircraft engines, marine propulsion systems, and industrial gas turbines, paired with long-term maintenance, repair, and overhaul services under service agreements. The way its products work is by delivering integrated power and propulsion through high-performance engines and turbines, supported by ongoing maintenance to ensure reliability and efficiency. The company differentiates itself through deep engineering expertise across defense and civil sectors, an emphasis on integrated power systems, and a strong focus on long-term service contracts that provide recurring revenue and sustained performance. Its goal is to reduce environmental impact and improve operational efficiency for customers by advancing technology through research and development and delivering reliable, efficient power solutions.
Company Size
10,001+
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1904
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Tuition Reimbursement
Employee Assistance Program
Employee Discounts
Rolls-Royce sees surge in profits amid booming Aerospace and defence markets. Key points. * Rolls-Royce reports a 46% increase in operating profit, boosting full-year financial forecasts. * Significant gains in Defence, Civil Aerospace, and Power Systems divisions drive strong performance. * The CEO emphasizes a transformation and strong market position amidst increasing demand. * Rolls-Royce is investing in hydrogen combustion for large aircraft, awaiting market developments. Rolls-Royce has posted impressive financial results, with a 46% increase in underlying operating profit year-on-year, now at £2.5 billion. The company has attributed its strong performance to rising defence spending, advancements in commercial engines, and a burgeoning AI infrastructure market. Amid these developments, Rolls-Royce has raised its profitability guidance for the full year 2026, anticipating an underlying operating profit between £4.7 billion and £4.9 billion and free cash flow of £3.8 billion to £4.0 billion. CEO Tufan Erginbilgic stated that Rolls-Royce is undergoing a transformative journey, showcasing significant improvements across its divisions. The Civil Aerospace sector, in particular, has seen enhanced profitability, having effectively resolved issues with grounded aircraft. Noteworthy is the selection of Rolls-Royce's Trent 1000 XE engine by three airlines for Boeing 787 Dreamliners, indicating a positive trend in engine sales after previous durability concerns had negatively impacted the Trent 1000's market position. The company is also well-positioned to capitalize on increased defence expenditures in Europe and the US, anticipating a favorable environment for its AE 3007 and Orpheus engine families. The company boasts a significant presence in Western military aircraft, with its technology integrated into platforms like the F-35B fighter jet and the upcoming GCAP/Tempest fighter jet. In addition to aerospace advancements, Rolls-Royce is poised to leverage the growing AI infrastructure boom. The firm has forecasted that continuous power systems could comprise about 20% of its power-generation business by 2030. The company is actively engaging with data center operators to establish new power solutions and has indicated plans to finalize substantial contracts in this area. Furthermore, Rolls-Royce is backing hydrogen combustion technology for large aircraft, signaling a commitment to future sustainable aviation solutions. However, Erginbilgic noted that the market for hydrogen technology must develop further to align with their ambitions. Despite previous challenges, Rolls-Royce's resurgence is underscored by its robust financial health and adaptive strategic initiatives, positioning it as a formidable player in both aerospace and defence sectors as well as emerging technologies. Overall, the sentiment around Rolls-Royce's prospects, including its hydrogen endeavors, is notably positive. July 31, 2026 at 03:00 AM United Kingdom
Rolls-Royce shares rise as profit jumps 46% and guidance raised. Rolls-Royce Holdings (LON: RR.), the aero-engine and power systems group, said underlying operating profit jumped 46% to £2.5bn in the first half of 2026, up from £1.7bn a year earlier, and raised its full-year guidance. Shares rose more than 2% in early trade today. The stock traded at 1413.2p, up 2.41% from yesterday's close of 1380p, having opened at 1447.2p and reached 1463p, close to the 52-week high of 1532.6p set on 25 June. The shares sit well above the 52-week low of 990p. The results, released in a stock exchange announcement this morning, showed underlying revenue up around 25% to £11.28bn from £9.06bn, with margin widening to 22.5% from 19.1%. Management raised full-year 2026 guidance to £4.7bn-£4.9bn underlying operating profit and £3.8bn-£4.0bn free cash flow, and said the improvement had come despite disruption from the conflict in the Middle East, which it continues to monitor. The interim dividend was raised to 6.0p per share from 4.5p, payable in September. The margin gains were broad-based rather than confined to one unit: Civil Aerospace margin rose to 25.3% from 24.9%, Defence to 21.0% from 15.4%, and Power Systems to 20.3% from 15.3%. Net cash rose to £2.1bn at the end of June from £1.9bn at the end of 2025, and the company has completed £1.4bn of a planned £2.5bn buyback tranche this year, part of a wider £7bn-£9bn multi-year programme. Moody's and Fitch upgraded Rolls-Royce's credit rating during the half, to A3 and A- respectively, while S&P affirmed its BBB+ rating with a positive outlook. Chief executive Tufan Erginbilgic said: "Our transformation continues to deliver, and we are demonstrating that Rolls-Royce is now a very different company to that of the past." The rise extends a recovery that has already made Rolls-Royce one of the best-performing FTSE 100 stocks over the past year, with shares now trading close to their 52-week high. This is the third consecutive margin-led profit beat under Erginbilgic, which leaves the question of how much of the latest guidance raise is already reflected in the price. Team Member The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
Rolls-Royce raised its full-year profit and cash flow guidance after reporting strong first-half earnings on Thursday. The British engineering group posted underlying operating profit of £2.5 billion for the first six months of the year, up 46% from a year earlier, whilst revenue rose over 24% to £11.3 billion. The company now expects full-year underlying operating profit of between £4.7 billion and £4.9 billion, up from previous guidance of £4 billion to £4.2 billion. Shares rose as much as 6%. Chief Financial Officer Helen McCabe told CNBC that orders in the company's data centre power business grew more than 50% in the first half as operators sought backup power solutions amid grid constraints. She also cited growing opportunities from higher defence spending.
Leave a reply. Safran to prioritize French fighter engine as FCAS funding ends in September. 2 hours ago Safran will develop only one next-generation combat aircraft engine and will prioritize French requirements, Chief Executive Officer Olivier Andriès said on July 28, 2026, leaving little room for the Franco-German propulsion effort built around the abandoned Future Combat Air System (FCAS). Speaking as the group presented its first-half 2026 results, Andriès said funding tied to FCAS will run out in September 2026. Safran has "the resources to develop only one combat aircraft engine," Andriès said, adding that the company would prioritize the French roadmap. The CEO also questioned whether French and German engine specifications would remain aligned, describing the point as an open question. FCAS engine left without an aircraft. Safran Aircraft Engines and Germany's MTU Aero Engines established EUMET, a Munich-based 50/50 joint venture, in April 2021 to serve as sole prime contractor to the three governments for the New Generation Fighter engine, with Spain's ITP Aero as main partner. The German-law structure was the condition set by the Bundestag before it would approve funding. The propulsion pillar was widely seen as the least contentious part of FCAS, functioning through years of workshare disputes between Dassault Aviation and Airbus Defence and Space. That advantage lost its purpose when Berlin and Paris abandoned the joint crewed fighter in June 2026, stranding the engine without an airframe. MTU has argued the work should survive the split. Chief Program Officer Ottmar Pfänder told reporters at ILA Berlin on June 10, 2026, that the requirement for a sixth-generation fighter remained and that a framework was needed to preserve what had been achieved. Andriès said the venture's future now depends on the direction each government chooses. Safran puts its thrust behind T-REX. Safran's remaining fighter engine effort is the M88 T-REX, unveiled at the Paris Air Show in June 2025 and intended for the Rafale F5 standard. It raises afterburning thrust to roughly 9 metric tons from 7.5, within the same physical envelope as the current M88. Former French General Delegate for Armament Emmanuel Chiva has described the challenge as maintaining Rafale performance in heavy configurations without eroding range. French Air and Space Force officials have separately indicated that a sixth-generation aircraft would require around 11 metric tons of thrust. Appearing before the French Senate on July 1, 2026, Dassault Aviation Chairman and CEO Éric Trappier argued for launching a demonstrator without delay, potentially flying in 2031 or 2032 with M88 or T-REX engines. Germany's response is taking shape through Team Gen 6, the Airbus-led industrial grouping announced at ILA Berlin on June 10, 2026. Although the team includes MTU Aero Engines, no propulsion architecture has been identified. Europe's other obvious option, Rolls-Royce, is already committed to developing the GCAP powerplant with Japan's IHI and Italy's Avio Aero. Berlin must therefore decide whether to fund a sovereign German engine, persuade Rolls-Royce to support a rival program, or seek a partner outside Europe.
Historic hydrogen flight to take-off from Bristol Airport. The UK Government has announced that Bristol Airport will be involved in three groundbreaking projects to decarbonise flight, including the first flight of an aircraft powered by liquid hydrogen from a UK commercial airport. The three projects are funded by the £8 million Zero Emissions Flight Demonstrator Programme, run by Innovate UK and supported by the Department for Transport. The liquid hydrogen flight will be delivered by a consortium called Cryogenic Hydrogen Optimised Systems for AviatioN (CHOSAN). Led by Badgerworks, the group will work in close collaboration with the UK Civil Aviation Authority (CAA), alongside partners Bristol Airport, Unitrove, and Weslake, to demonstrate liquid hydrogen as a viable fuel for the next generation of commercial aviation, as part of a £1.7 million project. The project will deliver a series of regional flights in a light aircraft powered by hydrogen, with the first flight taking off from Bristol Airport. It aims to demonstrate that liquid hydrogen can be used at a commercial airport. The inaugural flight is expected to take place in the next couple of years. Bristol Airport is also supporting separate projects led by ZeroAvia and Equilibrion, which have received UK Government funding. ZeroAvia's HyPRIME project will develop and demonstrate a mobile hydrogen refuelling vehicle capable of supporting liquid hydrogen-powered aircraft and ground support equipment. Equilibrion will be undertaking a 12-month feasibility study, with Bristol Airport as the live airport partner. This study aims to address a vital gap in aviation infrastructure planning by examining how liquid hydrogen can be supplied, stored, and managed at Bristol Airport to support future zero-emission aircraft operations. Commenting on the announcement, Dave Lees, CEO of Bristol Airport, said: "Bristol Airport Spotting is immensely proud to be part of these three transformative projects, which aim to demonstrate zero emission commercial flights in the UK. Bristol Airport has a strong record of supporting innovation - Bristol Airport Spotting hosted the UK's first airside hydrogen refuelling trial and its ACT Programme has funded several pioneering projects to reduce emissions. The latest projects build on this work and will move the whole industry towards developing zero carbon flight." Hydrogen has the potential to play a crucial role in substantially reducing the climate impact of aviation in the long term and transforming air transport in a way comparable to the impact of electric vehicles in the automotive sector. Bristol Airport is already working in a unique partnership with aerospace companies, including Airbus, GKN Aerospace, and Rolls Royce, to accelerate the delivery of hydrogen-powered flight.