MTU Aero Engines AG - Company Profile
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MTU Aero Engines AG (MTU Aero Engines) is a manufacturer of engine that offers low-pressure turbines, high-pressure compressors, and turbine center frames. The company designs, develops, manufactures, and markets commercial and military aircraft engines. MTU Aero Engines provides engines for commercial purpose including propulsion systems for business jets and engines for narrow body aircraft with geared turbofan technology and the world's most powerful engines. MTU provides commercial engine maintenance services to jet and military engines, and industrial gas turbines. The company also provides maintenance, repair and overhaul services. It serves aviation, military, and power industries. The company has its presence in North America, Asia-Pacific, Europe, and other regions. MTU is headquartered in Munich, Bayern, Germany.
MTU Aero Engines AG premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Military Aircraft Engines | Military Maintenance | MTU |
Military Engine Components and the Required Tooling | Repair and Overhaul of Aircraft Engines and Industrial Gas TurbinesCustomized Solutions for Aero Engines | |
Commercial Aircraft Engines | ||
XYZ | ||
XYZ | ||
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In August, the company selected GT-SUITE Thermal Management simulation from Gamma Technologies for thermodynamic simulation of components for its Water-Enhanced Turbofan, to reduce contrails and CO2 and NOx emissions. |
2023 | Contracts/Agreements | In June, the company and Oerlikon entered a five-year partnership to develop materials and coatings for aero-engines. |
2023 | Contracts/Agreements | In June, the company and MT Aerospace entered into a partnership to develop a liquid hydrogen fuel system for commercial aviation. |
Competitor Comparison
Key Parameters | MTU Aero Engines AG | RTX Corp | GE Aviation | Rolls-Royce Holdings Plc | First Aviation Services Inc |
---|---|---|---|---|---|
Headquarters | Germany | United States of America | United States of America | United Kingdom | United States of America |
City | Muenchen | Arlington | Cincinnati | London | Westport |
State/Province | Bayern | Virginia | Ohio | England | Connecticut |
No. of Employees | 12,170 | 185,000 | 40,000 | 41,400 | - |
Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Lars Wagner | Director; Chief Executive Officer | Executive Board | 2023 | 48 |
Peter Kameritsch | Chief Financial Officer; Chief Information Officer | Senior Management | 2018 | 54 |
Michael Schreyogg | Chief Program Officer; Head - Marketing & Sales | Senior Management | 2013 | 57 |
Silke Maurer | Chief Operating Officer - OEM Operations division | Senior Management | 2023 | 51 |
Gordon Riske | Chairman | Non Executive Board | 2022 | 66 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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