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MTUAF

OTC
378.45001 USD
7.2
1.94%
Last update May 15, 3:53 PM EDT
Market closed
Day range
363.089996
383.14600
Previous close
371.25
Open
378.84399
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Mtu Aero Engines AG
378.45
7.20
1.94%

Overview

Description

MTU Aero Engines AG is a key player in the aerospace and defense industry, specializing in the design, development, and manufacturing of high-performance aircraft engines. The company's primary function revolves around providing propulsive systems for both commercial and military aircraft, making it an integral component of the global aviation sector. MTU Aero Engines AG engages in maintenance, repair, and overhaul (MRO) services, ensuring the longevity and efficiency of engines across a range of aircraft. With a robust presence in Europe and a growing influence worldwide, the company partners with major aircraft manufacturers like Airbus and Boeing to deliver cutting-edge engine technology. Its ongoing commitment to innovation is evident in its investment in cleaner, more efficient turbine technologies, aligning with broader market trends towards sustainable aerospace solutions. MTU Aero Engines AG’s expertise and strategic collaborations underscore its vital role in ensuring operational reliability and advancing propulsion technologies, thus supporting the dynamic demands of the modern aviation market.

About

CEO
Mr. Lars Wagner
Employees
12892
Address
Dachauer Strasse 665
Munich, 80995
Phone
49 89 1489 0
Website
Instrument type
Common stock
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
MIC code
PSGM
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