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MTU Aero Engines

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MTU Aero Engines

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Organization Structure

MTU wants its customers to be propelled to great heights. The company is one of the largest aircraft engine component manufacturers in the world. MTU has three operating units: commercial engines, which involves the production of low-pressure turbines, high pressure turbine components, high pressure compressors, and spare parts; military projects, which are developed through alliances with OEMs and are custom-developed by contract; and commercial MRO (maintenance, repair, and overhaul) services for both commercial and military jet engines. The company began as a subsidiary of Daimler AG, but it was acquired by a private equity firm in 2003 and taken public two years later.