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Rolls-Royce Corp.
Rolls-Royce North America, Inc. is a subsidiary of multinational corporation Rolls-Royce plc. The American unit operates under a Special Security Arrangement which allows it to work independently on some of the most sensitive United States defense programs despite its foreign ownership. It is involved principally with providing management direction and corporate support for all Rolls-Royce businesses and operations in North America, encompassing more than 7,000 employees at 66 locations across the U.S. and Canada. Its headquarters are in Reston, Virginia. The most significant part of Rolls-Royce North America is "Rolls-Royce Corporation", formerly the Allison Engine Company. Other subsidiaries include: * Rolls-Royce Canada Limited * Rolls-Royce Marine North America Inc. * Rolls-Royce Defense Services, Inc. * Rolls-Royce North America Ventures, Inc. * Rolls-Royce Power Systems * MTU America LibertyWorks The Allison Advanced Development Company (also known as LibertyWorks) wa ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Proxy Board
A proxy board is a requirement imposed under a Proxy Agreement by the U.S. Department of Defense's Defense Security Service on foreign investors seeking to acquire certain American companies. This is for national security reasons and applies mainly to defense contractors which are involved in highly classified contracts. The Proxy Agreement is between the foreign company, the US subsidiary holding classified contracts and the DSS. A proxy board is a board composed entirely of American citizens which are responsible for the day-to-day running of the business. In this way the company's classified information is "insulated" from foreign exploitation but the parent company still benefits from any profits made by its subsidiary. Special Security Agreement A variation is a Special Security Agreement (SSA) where the board of the company can be composed of both American citizens and nationals from the parent company's country. In this case when issues relating to national security are di ...
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American Subsidiaries Of Foreign Companies
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams S ...
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Aircraft Engine Manufacturers Of The United States
An aircraft ( aircraft) is a vehicle that is able to fly by gaining support from the air. It counters the force of gravity by using either static lift or the dynamic lift of an airfoil, or, in a few cases, direct downward thrust from its engines. Common examples of aircraft include airplanes, rotorcraft (including helicopters), airships (including blimps), gliders, paramotors, and hot air balloons. Part 1 (Definitions and Abbreviations) of Subchapter A of Chapter I of Title 14 of the U. S. Code of Federal Regulations states that aircraft "means a device that is used or intended to be used for flight in the air." The human activity that surrounds aircraft is called ''aviation''. The science of aviation, including designing and building aircraft, is called ''aeronautics.'' Crewed aircraft are flown by an onboard pilot, whereas unmanned aerial vehicles may be remotely controlled or self-controlled by onboard computers. Aircraft may be classified by different criteria, ...
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Federal Aviation Administration
The Federal Aviation Administration (FAA) is a Federal government of the United States, U.S. federal government agency within the United States Department of Transportation, U.S. Department of Transportation that regulates civil aviation in the United States and surrounding international waters. Its powers include air traffic control, certification of personnel and aircraft, setting standards for airports, and protection of U.S. assets during the launch or re-entry of commercial space vehicles. Powers over neighboring international waters were delegated to the FAA by authority of the International Civil Aviation Organization. The FAA was created in as the Federal Aviation Agency, replacing the Civil Aeronautics Administration (United States), Civil Aeronautics Administration (CAA). In 1967, the FAA became part of the newly formed U.S. Department of Transportation and was renamed the Federal Aviation Administration. Major functions The FAA's roles include: *Regulating U.S. co ...
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Marion Blakey
Marion Clifton Blakey (born March 26, 1948) is an American businesswoman and former government official who served as president and CEO of Rolls-Royce North America. Prior to joining Rolls-Royce, she served as the eighth full-time chief executive of the Aerospace Industries Association, an American defense industry trade association from 2007 to 2015. Before this, she served a five-year term as the 15th Administrator of the Federal Aviation Administration. Blakey was the second woman to hold the position, serving as a successor to Jane Garvey, the first woman to hold the Administrator title. She was the second Administrator who was not a licensed pilot. She was awarded the Wright Brothers Memorial Trophy in 2013. Early life and education Blakey was born in Gadsden, Alabama. She received her bachelor's degree with honors in international studies from Mary Washington College of the University of Virginia in 1970. She also attended the Paul H. Nitze School of Advanced Internationa ...
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Eastern Air Lines
Eastern Air Lines (also colloquially known as Eastern) was a major airline in the United States that operated from 1926 to 1991. Before its dissolution, it was headquartered at Miami International Airport in an unincorporated area of Miami-Dade County, Florida. Eastern was one of the "Legacy carrier#Defunct legacy carriers, Big Four" domestic airlines created by the Air Mail scandal, Spoils Conferences of 1930, and was headed in its early years by World War I flying ace Eddie Rickenbacker. It had a near monopoly in air travel between New York (state), New York and Florida from the 1930s until the 1950s and dominated this market for decades afterward. During airline deregulation in the late 1970s and early 1980s, labor disputes and high debt loads strained the company under the leadership of former astronaut Frank Borman. Frank Lorenzo acquired Eastern in 1985 and moved many of its assets to his other airlines, including Continental Airlines and Texas Air Corporation. After cont ...
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Samuel L
Samuel L. may refer to: * Samuel L. Jackson (born 1948), American actor * Samuel L. Clemens aka Mark Twain (1835 – 1910), American author * Samuel L. Devine (1915 – 1997), American politician * Samuel L. Gravely Jr. (1922 – 2004) African-American naval officer * Samuel L. Greitzer (1905 – 1988), American mathematician * Samuel L. Lewis (1896 – 1971) American mystic and horticulturalist * Samuel L. Mitchill (1764–1831) American physician, naturalist, and politician * Samuel L. Popkin (born 1942), American political scientist * Samuel L. Southard (1787 – 1842), American statesman {{disambiguation ...
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Rolls-Royce Plc
Rolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. Rolls-Royce is the world's second-largest maker of aircraft engines (after CFM International) and has major businesses in the marine propulsion and energy sectors. Rolls-Royce was the world's 16th largest defence contractor in 2018 when measured by defence revenues. The company is also the world's fourth largest commercial aircraft engine manufacturer, with a 12% market share . Rolls-Royce Holdings plc is listed on the London Stock Exchange, where it is a constituent of the FTSE 100 Index. At the close of London trading on 11 February 2025, the company had a market capitalisation of £52.66bn, the 11th-largest of any company with a primary listing on the London Stock Exchange. The company's registered o ...
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Aeronautics
Aeronautics is the science or art involved with the study, design process, design, and manufacturing of air flight-capable machines, and the techniques of operating aircraft and rockets within the atmosphere. While the term originally referred solely to ''operating'' the aircraft, it has since been expanded to include technology, business, and other aspects related to aircraft. The term "aviation" is sometimes used interchangeably with aeronautics, although "aeronautics" includes lighter-than-air craft such as airships, and includes ballistic vehicles while "aviation" technically does not. A significant part of aeronautical science is a branch of dynamics (mechanics), dynamics called aerodynamics, which deals with the motion of air and the way that it interacts with objects in motion, such as an aircraft. History Early ideas Attempts to fly without any real aeronautical understanding have been made from the earliest times, typically by constructing wings and jumping from ...
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Special Security Arrangement
A proxy board is a requirement imposed under a Proxy Agreement by the U.S. Department of Defense's Defense Security Service on foreign investors seeking to acquire certain American companies. This is for national security reasons and applies mainly to defense contractors which are involved in highly classified contracts. The Proxy Agreement is between the foreign company, the US subsidiary holding classified contracts and the DSS. A proxy board is a board composed entirely of American citizens which are responsible for the day-to-day running of the business. In this way the company's classified information is "insulated" from foreign exploitation but the parent company still benefits from any profits made by its subsidiary. Special Security Agreement A variation is a Special Security Agreement (SSA) where the board of the company can be composed of both American citizens and nationals from the parent company's country. In this case when issues relating to national security are di ...
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Multinational Corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are Public company, publicly traded multinational corporations, including Forbes Global 2000, ''Forbes'' Global 2000 companies. History Colonialism The history of multinational corporations began with the history of colonialism. The first multinational corporations were founded to set up colonial "factories" or port cities. The two main examples were the ...
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