Rolls Royce targets Turkey with new joint venture
Derby-based Rolls-Royce and Kale Group, a major player in global and national defence and aerospace industries, have announced the formation of a joint venture company to target aero engine opportunities in Turkey.
Kale Group will own 51 per cent and Rolls-Royce 49 per cent of the joint venture, which aims to develop aircraft engines for Turkey, initially targeting the TF-X National Fighter Jet Project.
The agreement was signed at a ceremony in Istanbul yesterday attended by Osman Okyay, deputy CEO of Kale Group and Chris Choler... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
