Parker Aerospace, an operating segment of Parker Hannifin Corporation, has been chosen by Rolls-Royce to partner on its Trent XWB-97 engine program. The Rolls-Royce Trent XWB-97 engine is being developed for the new Airbus A350 XWB-1000 aircraft and is the sole engine currently available to power this new aircraft. Parker estimates that the agreement will generate approximately $2.2B in revenues over the life of the program. The first Parker-supplied Trent XWB-97 components are scheduled for delivery to Rolls-Royce in late 2013. Initial ground testing of the Trent XWB is due to commence in 2014, with maiden flight on the new Airbus twinjet scheduled for 2016.
- Parker Hannifin Corporation