MTU Aero Engines
|Traded as||FWB: MTX|
|Reiner Winkler (CEO and chairman of the management board), Klaus Eberhardt (Chairman of the supervisory board)|
|Products||Production and maintenance of civil and military aircraft engines; industrial gas turbines|
|Revenue||€2.707 billion (2010)|
|€268.0 million (2010)|
|Profit||€142.2 million (2010)|
|Total assets||€3.426 billion (end 2010)|
|Total equity||€819.3 million (end 2010)|
Number of employees
|7,910 (end 2010)|
|Subsidiaries||Vericor Power Systems|
MTU Aero Engines AG is a German aircraft engine manufacturer. MTU develops, manufactures and provides service support for military and civil aircraft engines. MTU Aero Engines was formerly known as MTU München.
In Autumn 1968, MAN Turbo GmbH and Daimler-Benz formed Entwicklungsgesellschaft für Turbomotoren GmbH as a 50/50 joint venture, combining their aircraft engine development and manufacturing interests.
In July 1969, the joint venture was superseded by Motoren- und Turbinen-Union GmbH (MTU), which took over the aircraft engine and high-speed diesel engine activities of MAN Turbo and Daimler-Benz. MTU München was responsible for aircraft engines, while MTU Friedrichshafen was responsible for diesel engines and other gas turbines.
In 1985, Daimler-Benz bought MAN's 50% share in the company, and made MTU part of its aerospace subsidiary DASA. In 2000, when DASA was merged with other companies to form the European aeronautics and defense systems company EADS, MTU was split from DASA and stayed part of DaimlerChrysler. In 2003, MTU was sold to private equity firm KKR. Two years later, KKR sold all its shares at Germany's stock exchanges.
- PW4000Growth, partner to Pratt & Whitney.
- PW1000G, partner to Pratt & Whitney.
- PW2000, partner to Pratt & Whitney.
- PW6000, partner to Pratt & Whitney.
- PW300, partner to Pratt & Whitney.
- PW500, partner to Pratt & Whitney.
- JT8D, partner to Pratt & Whitney.
- GP7000, partner to Engine Alliance.
- V2500, partner to International Aero Engines.
- GEnx, partner to General Electric.
- CF6, subcontracting to General Electric.
- TP400, as part of the Europrop International consortium.
- EJ200, as part of the EuroJet Turbo GmbH consortium.
- MTR390, as part of the MTU Turbomeca Rolls-Royce (MTR) consortium.
- RB199, as part of the Turbo-Union consortium.
- F414, subcontracting to General Electric.
- F110, subcontracting to General Electric.
- J79, partner to General Electric.
- GE38, partner to General Electric.
- T64, partner to General Electric.
- "Annual Report 2010" (PDF). MTU Aero Engines. Retrieved 17 April 2011.
- "75 years: MTU Aero Engines celebrates anniversary". Global Business Jet. Stansted News Limited. Retrieved 20 December 2010.
- "AERO ENGINES 1970". Flight International. Flight International. 1 January 1970. Retrieved 20 December 2010.