MTU Aero Engines
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MTU Aero Engines Headquarters in Munich
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| Aktiengesellschaft | |
| Traded as | : MTX |
| Industry | Aerospace, defence |
| Founded | 22 December 1934 |
| Headquarters | Munich, Germany |
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Key people
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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 |
 €4.435 billion (2015)
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€386 million (2015)
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| Profit |
€218 million (2015)
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| Total assets |
€5.650 billion (September 30 2016)
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| Total equity |
€1.438 billion (September 30 2016)
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Number of employees
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8,334 (end 2015)
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| Subsidiaries | Vericor Power Systems |
| Website | http://mtu.de/en/ |
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.
While Rapp Motorenwerke and then BMW had produced aircraft engines since 1913, the modern company regards as milestone in its history the formation in 1934 of BMW Flugmotorenbau GmbH as a spin-off from BMW. During World War II it developed and produced the BMW 801, an aircraft engine used in the Focke Wulf Fw 190 fighter aircraft. At the conclusion of the war in 1945, American troops occupied the factory grounds in Allach and aircraft engine production was halted for 10 years. Meanwhile, the factory served as a U.S. Army vehicle and artillery repair shop.
On January 22 1954, BMW recommenced aircraft engine development. In 1957, BMW engine production returned to Allach with licensed production of American engines. Two years later General Electric's J79-11A engine for the Luftwaffe's Lockheed F-104 Starfighter was being produced under license by BMW Triebwerkbau GmbH. In the 1960s, the Rolls Royce Tyne engine was produced under license for Germany's Breguet Atlantic maritime patrol aircraft and C-160 Transall transport aircraft. The company moved beyond license production in 1969, when development commenced on the Turbo-Union RB199 aircraft engine for the Panavia Tornado multirole combat aircraft in cooperation with Rolls-Royce and FiatAvio.
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Wikipedia