Defence contractors and diversification into the civil sector: Rolls-Royce 1945-2005

Smith, D.J. ORCID: 0000-0001-7359-8451, 2007. Defence contractors and diversification into the civil sector: Rolls-Royce 1945-2005. Business History, 49 (5), pp. 669-694. ISSN 0007-6791

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A number of studies have shown that defence contractors have exhibited a marked reluctance to diversify away from defence and develop civil applications. However, the aero engine manufacturer Rolls-Royce is one defence contractor to which this does not apply. Over a 60-year period it has moved from being almost entirely dependent on defence work to a point where defence now constitutes barely one-fifth of its turnover. This article examines the development of the company's civil aerospace business over the period since 1945. It focuses specifically on the strategies used by Rolls-Royce in the civil aerospace field. These strategies are explored in the context of changes in market conditions, technology, and governance arrangements. The effectiveness of the various strategies, including their contribution to the company's current position, is evaluated.

Item Type: Journal article
Publication Title: Business History
Creators: Smith, D.J.
Publisher: Routledge (Taylor & Francis Group)
Place of Publication: London
Date: 2007
Volume: 49
Number: 5
ISSN: 0007-6791
Divisions: Schools > Nottingham Business School
Record created by: EPrints Services
Date Added: 09 Oct 2015 10:51
Last Modified: 09 Jun 2017 13:42

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