Annual rank61
Germany · Industrials
MTU Aero Engines
Operates across commercial engine manufacturing and spare parts, military engines, and commercial engine maintenance.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Modules, consortia, maintenance and future propulsion
MTU Aero Engines is a Munich-based engine specialist whose work usually sits inside programmes shared with larger manufacturers or European consortia. It develops and manufactures compressors, low-pressure turbines and turbine center frames, performs specified final-assembly work, and supports engines through a global maintenance network. Exact workshares, joint-venture ownership and research-stage language matter because MTU rarely owns an entire engine programme alone.
Commercial programmes
Defined modules inside widely used engines
MTU's commercial model is component-led. It discloses workshares of 15-18% across Pratt & Whitney's GTF family, 16% in the IAE V2500, about 6.7% in GEnx and 4% in GE9X. Its recurring contributions are high-pressure compressors, high-speed low-pressure turbines and turbine center frames; MTU assembles about one-third of PW1100G-JM production in Munich. These are programme roles, not claims that MTU manufactures complete Pratt & Whitney or GE engines.
- Commercial engine portfolio More than 30 types and MTU's component-led OEM role
- GTF engine family 15-18% programme shares, modules and Munich assembly
- V2500 16% programme share, IAE structure and MRO role
- GEnx 6.7% risk-and-revenue share and turbine center frame
- GE9X 4% programme share and turbine center frame
- Core component technologies High-pressure compressors, low-pressure turbines and frames
Military programmes
European engines with explicit partner boundaries
Military engines are also partnership programmes. EJ200 is managed through EUROJET, with MTU disclosing 33% of development and 30% of production. TP400-D6 is managed through Europrop International; MTU's 22.2% share covers intermediate-pressure modules, Munich final assembly and Berlin testing. The future NGFE sits under the 50/50 MTU-Safran EUMET venture with ITP Aero. None is an MTU-only engine.
- Military engine portfolio German Armed Forces support and programme scope
- EJ200 EUROJET partners, MTU shares and fleet-specific assembly
- New Generation Fighter Engine Future programme, EUMET leadership and ITP collaboration
- TP400-D6 EPI consortium, 22.2% share and defined MTU modules
- How EUMET is structured 50/50 MTU-Safran venture and ITP partner boundary
- ▶ VideoWatch MTU's defence overview Official English-language film on current and future programmes
Maintenance network
Wholly owned shops, joint ventures and airline work
MTU Maintenance reports more than 27,000 shop visits, about 7,000 employees, over 270 airline customers and more than 30 engine types. Hannover handles about 400 shop visits a year and passed 10,000 cumulative visits in 2023. Zhuhai is a 50/50 venture with China Southern Airlines, EME Aero is a 50/50 venture with Lufthansa Technik, and Serbia is wholly owned. A 2026 EVA Air agreement gives exact customer proof for CFM56-5B work at Zhuhai.
- MTU Maintenance Services, portfolio, customers and network scale
- Hannover Large-engine shop, workforce and visit history
- Zhuhai and Jinwan China Southern joint venture and ramping GTF capacity
- EME Aero Lufthansa Technik joint venture for GTF overhauls
- Serbia repair shop Wholly owned parts-repair operation near Belgrade
- EVA Air contract Exclusive CFM56-5B work for a named 17-aircraft fleet
Research and operations
Fuel cells, automated production and digital twins
Claire combines further GTF development with research into the Revolutionary Turbofan and Flying Fuel Cell. SWITCH is a multi-partner EU research project; FFC supply systems have been tested, but demonstrators, a planned Airbus joint venture and certification groundwork remain development-stage. At Munich, an automated line can produce up to 6,000 GTF turbine disks annually; MTU also develops predictive-maintenance tools. Its virtual-engine roadmap links as-designed, as-built and as-used digital twins; it is an ambition for lifecycle coverage, not a fully deployed system.
- Claire technology agenda GTF evolution, SWITCH, HEROPS and Flying Fuel Cell
- Flying Fuel Cell milestones 2026 tests, demonstrators, Airbus plan and EASA work
- Manufacturing and MRO of the future Automated turbine disks and predictive-maintenance tools
- The virtual engine As-designed, as-built and as-used digital-twin roadmap
- ▶ VideoWatch the virtual engine Official English-narrated digital-lifecycle film
- Munich operations Headquarters, manufacturing processes and final assembly
Official profile sources: Company profile and key figures - MTU Aero Engines · History - MTU Aero Engines
Current 2026 update
What has changed in 2026?
Farnborough orders announced 23 July 2026 · 23 July 2026
Farnborough orders announced 23 July 2026latest official update
4company-specific highlights
−2%2026 stock return · context only
Adjusted revenue
Adjusted revenue reached EUR 2,244 million, up 7.3% from Q1 2025.
Profit
Adjusted net income increased 3.6% to EUR 229 million.
Farnborough orders
MTU returned from the Farnborough International Airshow with orders totaling approximately US$500 million.
Reported earnings
Reported net income fell 11% to EUR 200 million; reported EBIT fell 3%, and basic reported EPS declined 11% to EUR 3.59.
Official 2026 sources: MTU Aero Engines starts 2026 with increase in revenue and earnings · 30 April 2026 · MTU Aero Engines secures orders worth 500 million US dollars at the Farnborough International Airshow · 23 July 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 61 | +64% | +207% | +81% |