RPT-BRIEF-Rolls-Royce enters MOU with Hispano-Suiza for drive train transmissions

Fri Jul 4, 2014 3:02am EDT

(Repeats to add Reuters Instrument Code for Safran)

July 4 (Reuters) - Rolls-Royce Holdings Plc :

* Rolls-Royce and Hispano-Suiza (Safran) announce a memorandum of understanding to develop accessory drive train transmission systems

* Royce & Hispano-Suiza (Safran) announce mou

* New business will be a 50:50 jv which addresses entire product lifecycle of Rolls-Royce civil aero engine applications

* JV will have activities in France, Uk and Germany, as well as a competitive production facility Source text for Eikon: Further company coverage:

(Reporting by Abhiram Nandakumar in Bangalore)

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