Hello my dears, the last few days there have been repeated discussions here. About independence from the USA. About the F35.
During my little research, however, I also discovered that the USA is not entirely independent of Europe.
Especially when it comes to development work. And here I often noticed
noticed.
But MTU is also significantly involved in the development of the new "New Generation Fighter Engine".
The New Generation Fighter Engine (NGFE) is the heart of the next-generation fighter aircraft that is at the center of the European FCAS.
The Future Combat Air System (FCAS) is the European air defense system that is to be available from 2040. Germany, France and Spain are working on it together. The centerpiece is the New Generation Fighter, a manned jet of the latest generation.
Engine specialists MTU Aero Engines, Safran Aircraft Engines and ITP Aero are developing the engine for the New Generation Fighter under the leadership of EUMET (European Military Engine Team), a joint venture between MTU and Safran. MTU is assuming responsibility for its core competencies of high- and low-pressure compressors, compressor center frames and parts of the control systems and is in charge of aspects of engine maintenance. Safran is in charge of engine design and integration, while ITP Aero is responsible for the low-pressure turbine and the thrust nozzle.
https://aeroreport.de/de/good-to-know/kurz-erklaert-new-generation-fighter-engine
Today, one third of commercial aircraft worldwide fly with MTU technology. MTU is a system partner for almost all aircraft engines of the German Armed Forces. MTU has close ties with all major manufacturers such as Pratt & Whitney, General Electric, Rolls-Royce, Safran Aircraft Engines and GKN Aerospace through its shareholdings and subsidiaries (MTU Aero Engines North America).
The company has a total of 18 locations worldwide. The commercial engine business currently accounts for around 25 percent of sales. Civil maintenance accounts for around 66 percent and the military business for 9 percent.
In 2002, the company received the German Industry Innovation Award. In 2013, MTU Aero Engines again won the German Industry Innovation Award in the large company category. This time for the development of the high-speed low-pressure turbine for the Pratt & Whitney PW1000G engine.
Dear all, do you still see potential for MTU based on its growth and valuation?
The EbiT margin remains constant at around 14%.
