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Jumbo Jet Engines for Lockheed Push Rolls-Royce in Red
Los Angeles Times (1923-Current File) - Los Angeles, Calif.
Author: ROBERT E WOOD
Date: Nov 12, 1970
Start Page: H12
Pages: 2
Section: PART III
Text Word Count: 416
 Abstract (Document Summary)

Rolls-Royce Ltd. Wednesday replaced its board chairman and omitted a dividend as soaring cost overruns on a new jet engine forced the proud company to report a loss of $115 million for the first half of 1970.

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