The group said it will reduce its five operating businesses to three core units, civil aerospace, defence and power systems, as part of a simplification of the business.
At the same time, Rolls will begin a strategic review of its commercial marine operation, which supplies equipment and vessel design across oil and gas markets.
The marine unit booked a £27 million loss in 2016 on sales of £1.1 billion as it was impacted by weak demand.
Boss Warren East said: This is the right time to be evaluating the strategic options for our commercial marine operation.
The team there has responded admirably to a significant downturn in the offshore oil and gas market to reduce its cost base.
At the same time, we have carved out an indust…
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