Rolls-Royce To Sell Commercial Marine Trouble Organisation For £500M To Norway's Kongsberg

From City AM:

Rolls-Royce has agreed to sell its marine unit of measurement for £500m to Kongsberg, a maritime, technology in addition to defense job solid based inwards Norway.

The sale is business office of Rolls-Royce's strategic review into its commercial marine operations, which made an operating loss of £70m inwards 2017.

Disposal of the unit of measurement is expected to get got a £50m positive earnings comport on for Rolls-Royce.
"This transaction builds on the actions nosotros get got taken over the end ii years to simplify our business," said principal executive Warren East. "The sale of our Commercial Marine concern volition enable us to focus on our iii gist businesses in addition to on coming together the vital ability needs of our customers."

The motion is valued at £500m, though afterwards takingpension liabilities in addition to other costs into account, it volition cyberspace the fellowship betwixt £350m in addition to £400m...MORE

Our end few looks at Rolls-Royce focused on the autonomous transportation angle:

Rolls-Royce in addition to AXA Partner on Risk Management Products for Autonomous Shipping
Following but a half-step behind the technologists are the insurance salesmen.
From gCaptain:

 A conceptual pattern past times Rolls-Royce of an 1,000 TEU unmanned feeder vessel. Image credit: Rolls-Royce

Global Race To Develop Self-Navigating Ships Leaves the U.S. Behind
"World’s First Autonomous Shipping Company Established inwards Norway"
Autonomy: "Rolls-Royce’s cargo send of the hereafter requires no onboard crew"
"Forget Autonomous Cars—Autonomous Ships Are Almost Here" 
This is a chip of an infomercial for Rolls-Royce but withal the best generalist overview currently available.
From the brainiacs at IEEE Spectrum:...