Open Access. Powered by Scholars. Published by Universities.®

Automotive Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

2008

Management and Operations

Articles 1 - 1 of 1

Full-Text Articles in Automotive Engineering

Rolls Royce Declares Bankruptcy, John Alfred Heitmann Jan 2008

Rolls Royce Declares Bankruptcy, John Alfred Heitmann

History Faculty Publications

Despite more than sixty years of engineering excellence, Rolls-Royce failed in its attempt to design and manufacture a radically new jet engine to meet contractual obligations with the Lockheed Corp. Consequently, both British and U.S. governments had to step in to avoid an unprecedented economic catastrophe.