The drive systems are for vehicles ordered from KNDS by Germany, Lithuania, Sweden, the Netherlands, and the Czech Republic.

MTU Aero Engines' stock has underperformed compared to the S&P 500, despite posting strong financial results, due to a disclosed engine defect from Raytheon Technologies. For H1 2023, MTU Aero Engines ...

MTU Aero Engines has been affected by the metal powder issues with the Pratt & Whitney GTF, impacting its financial results in 2023 and future cash flow performance. Adjusted figures show promising ...

On Sept. 11, MTU Aero Engines MTX updated guidance related to previously announced engine issues and increased the total number of engines to be repaired. After incorporating the higher figure into ...

(Reuters) -MTU Aero Engines reported a third-quarter adjusted operating profit that beat market expectations on Thursday, as revenue growth in its commercial engine and maintenance businesses helped ...

MTU Aero Engines has started operations of a geothermal heating plant that serves up 80% of the heating demand of its ...

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Unfortunately, these high risk investments ...

MTU Aero Engines AG (ETR:MTX) investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues beating expectations ...

MTU Aero Engines' first-half adjusted EBIT rose 40% to EUR 655 million on 21% revenue growth, driven by strong commercial OEM mix and improving maintenance, repair, and overhaul, or MRO, profitability ...

(RTTNews) - German aircraft engine manufacturer MTU Aero Engines AG (MTUAY.PK) reported Thursday that its second-quarter net income grew to 162 million euros from last year's 122 million euros.

Rolls-Royce announced it has secured a contract to supply eight of its mtu 16V 4000 M65L engines for four 80-ton bollard pull tugboats to be built by Detroit Brasil, Ltda. and operated by Starnav ...

Tug boat photo courtesy Wikipedia. Parent company Rolls-Royce will supply two MTU gas engines to construction of the first liquefied natural gas (LNG) hybrid-powered tug in the world, according to the ...