MTU Aero Engines
Develops, manufactures, and provides service support for commercial and military aircraft engines and industrial gas turbines.
- CEO / Founder
- Lars Wagner (current), Dr. Johannes Bussmann (incoming, effective September 1, 2025)
- Team Size
- 10000+
- Stage
- Active
- Total Funding
- Publicly Traded
- Latest Round
- IPO
- Key Investors
- Publicly traded on the Frankfurt Stock Exchange; major shareholders include institutional investors.
Technology & Products
Key Products
["Low-pressure turbines","High-pressure compressors","Turbine center frames","MRO services for engines like V2500, PW1000G (GTF), GEnx"]
Technological Advantage
Acts as a risk-and-revenue-sharing partner in major engine programs, possesses deep MRO expertise, and holds technological leadership in specific engine components.
Differentiation
Value Proposition
Provides high-tech, reliable, and efficient engine components and Maintenance, Repair, and Overhaul (MRO) services as a key partner in major international engine programs.
How They Differentiate
Differentiates by being a specialized module partner rather than a full engine prime on all programs, combined with a strong, independent MRO business (MTU Maintenance).
Market & Competition
Target Customers
Aircraft manufacturers (OEMs), airlines, and armed forces.
Industry Verticals
["Aerospace/Defense","Aviation"]
Competitors
GE Aerospace; Rolls-Royce; Pratt & Whitney
Growth & Milestones
Growth Metrics
Reported record revenue of €7.41 billion in 2024, a 38% increase from the previous year.
Major Milestones
["Key partner in the Pratt & Whitney Geared Turbofan (GTF) engine program.","Celebrated 90 years of operation in 2024."]
Notable Customers
Airbus; Boeing; Major airlines worldwide; Various armed forces