Trade.Information

Company Name: MTU

Company Type: Aircraft Engine manufacturer

Company Profile

MTU Aero Engines is Germany's leading engine manufacturer and is one of the big global players in the industry. The company designs, develops, manufactures and markets commercial and military engine modules and components. Its products find homes on fixed- and rotary-wing aircraft and industrial gas turbines. Its second large business is the maintenance of commercial engines; in this field, the company is the world's largest independent services provider in terms of sales.

With its products for the commercial airliner market, MTU has content on engines in all power and thrust categories. The product applications span the whole gamut from wide-body aircraft, such as the new Airbus A380 or Boeing 747, to large airliners, such as the Airbus A320 family of aircraft, all the way to short-haul aircraft and business jets. In the military arena, MTU plays a decisive role at a national level, being the lead company for almost all aircraft engines flown by the Federal Armed Forces. Furthermore, the company contributes major components and systems to all important European military programs, as for example the powerplants for the Tornado, the Eurofighter/Typhoon, and the A400M military transport.

With its technologies, MTU is a pace-setter for the entire aviation industry: the low-pressure turbines and high-pressure compressors manufactured by MTU are among the most advanced in their class. MTU has major roles also in important European technology programs. On an international scale, Germany's Number 1 engine manufacturer cooperates with all of the big players in the industry worldwide, having made a name for itself as a must-have partner.

MTU has a global workforce of some 7,500 employees. In fiscal 2008, the company posted consolidated revenues in the amount of 2.7 billion euros. In 2008, the adjusted earnings before interest and taxes (EBIT adjusted) increased 6%, to 331.0 million euros. This corresponds to an adjusted EBIT margin of 12%.

About Company

MTU Aero Engines, Germany's leading engine manufacturer and the global Number One independent provider of commercial aero engine maintenance services

With its three locations in Germany and a global workforce of about 7,500 employees, MTU Aero Engines is Germany's leading engine manufacturer and a strong player in the development, manufacturing and repair of commercial and military engines, both nationally and internationally. We boast systems integration capability for commercial and military engines and aeroderivative industrial gas turbines and keep strengthening our world-class position by forging worldwide partnerships.