MTX 📈 MTU Aero Engines - Overview

MTU Aero Engines AG is a multinational company that specializes in the development, production, and maintenance of aircraft engines and industrial gas turbines. With a global presence, the company operates in various regions, including Germany, other European countries, North America, Asia, and international markets. Its business is divided into two primary segments: Original Equipment Manufacturing (OEM Business) and Maintenance, Repair, and Overhaul (MRO Business). The OEM Business segment focuses on the design, manufacture, and marketing of new aircraft engines and gas turbines, while the MRO Business segment provides maintenance, repair, and overhaul services for existing engines.

The company's product portfolio is diverse, catering to both commercial and military aviation. It offers a range of commercial aircraft engines, including those for wide-body jets, narrow-body and regional jets, business jets, and turboprops. In the military sector, MTU Aero Engines AG supplies engines for fighter jets, helicopters, and transport aircraft. Additionally, the company manufactures and markets industrial gas turbines, which are used for power generation and other industrial applications. Its services also include the maintenance, repair, and overhaul of commercial and military engines, as well as the production and marketing of spare parts.

With a rich history dating back to 1913, MTU Aero Engines AG has established itself as a leading player in the aerospace and defense industry. The company was previously known as MTU Aero Engines Holding AG but changed its name to MTU Aero Engines AG in May 2013. Headquartered in Munich, Germany, MTU Aero Engines AG is listed on the XETRA stock exchange under the ticker symbol MTX. Its common stock is traded under the ISIN code DE000A0D9PT0 and is classified under the GICS Sub Industry: Aerospace & Defense. For more information, investors and stakeholders can visit the company's website at https://www.mtu.de.