tufan erginbilgiç

Transformation delivery front-end loaded; UltraFan technology offers 10% efficiency gain and 100% SAF compatibility for narrow-body market entry; SMR is most advanced in Europe with Phase 2 regulatory status; defense business has significant growth from B-52, FLRAA, GCAP and AUKUS program wins.

Rolls-Royce has front-loaded transformation delivery with 17 strategic initiatives, leads wide-body engines with 50% share, is developing UltraFan technology 10% more efficient than competitors and 100% SAF compatible, and holds the most advanced SMR position in Europe with Phase 2 regulatory approval.

Tufan Erginbilgiç outlines a comprehensive turnaround including renegotiating loss-making contracts, investing £1 billion to improve engine time-on-wing by 40%, developing the 10% more efficient UltraFan engine for narrow-body market entry, and advancing Europe's most mature SMR program targeting 2030 deployment.

The CEO is renegotiating all long-term service contracts with airlines to better price for risk and investment, investing £1bn in time-on-wing improvements to reduce customer disruption by 40%, and executing 17 granular strategic initiatives to transform the business. The company is the only engine maker with 100% SAF compatibility across its portfolio and leads in small modular reactor technology for Europe.