MTU Aero Engines AG - Company Profile

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MTU Aero Engines AG: Overview

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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.

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Headquarters Germany
Address Dachauer Strasse 665, Muenchen, Bayern, 80995
Website www.mtu.de
Telephone 49 89 14890
No of Employees 12,170
Industry Aerospace and Defense
Ticker Symbol & Exchange MTX (ETR)
Revenue (2022) $5.8B 0.6% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -130.8% (2022 vs 2021)
Market Cap* $12.2B
Net Profit Margin (2022) XYZ -130.6% (2022 vs 2021)
* As of and is in US$
View MTU Aero Engines AG financials
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MTU Aero Engines AG premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for MTU Aero Engines AG (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on MTU Aero Engines AG’s likely spend across technology areas enabling you to understand the digital strategy.

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
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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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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
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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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