Rolls-Royce has secured the authorizations it needs to acquire the remaining 53.1% of Industria de Turbo Propulsores (ITP) from Spanish engineering and construction firm Sener Grupo de Ingeniería. ITP is a joint venture between Rolls-Royce (46.9%) and Sener (53.1%), which was created in 1989. The JV supplies turbines for Rolls-Royce’s civil engines and is active on the UltraFan future engine program, which is slated to enter service from 2025. Under a shareholder’s ...

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