Stock Market News

Engine maker MTU hopes for maintenance deal in German fleet overhaul

2022.06.23 17:22

Engine maker MTU hopes for maintenance deal in German fleet overhaul
FILE PHOTO: Engines are seen at MTU Maintenance in Zhuhai, Guangdong Province, China, November 3, 2016. REUTERS/Brenda Goh

BERLIN (Reuters) – Military aircraft engine maker MTU said on Thursday it hopes for “at least a maintenance deal” as Germany replaces its ageing Tornado fighter jet fleet with F-35 steel bombers from Lockheed Martin (NYSE:LMT).

MTU, which is working with the F-35 engine supplier Pratt & Whitney, is also prepared to supply spare parts, Chief Program Officer Michael Schreyoegg told journalists at the ILA Berlin Air Show trade fair.

Lockheed Martin said at the trade fair on Wednesday it could deliver the first fighter jets to Germany in 2026 depending on the outcome of talks with the German government, which had set 2025-2030 as the timeframe for the overhaul.

According to the U.S. manufacturer’s vice president of F-35 business development, J.R. McDonald, more German companies are looking into how they could get involved by supplying parts or providing maintenance.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 75,799.31 0.69%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,897.00 1.57%
tether
Tether (USDT) $ 1.00 0.02%
solana
Solana (SOL) $ 196.63 2.99%
bnb
BNB (BNB) $ 595.56 1.87%
usd-coin
USDC (USDC) $ 1.00 0.00%
xrp
XRP (XRP) $ 0.550041 0.49%
staked-ether
Lido Staked Ether (STETH) $ 2,895.27 1.24%
dogecoin
Dogecoin (DOGE) $ 0.192217 3.39%
cardano
Cardano (ADA) $ 0.413872 10.50%
tron
TRON (TRX) $ 0.160215 1.33%
the-open-network
Toncoin (TON) $ 4.88 1.66%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,437.23 2.31%
avalanche-2
Avalanche (AVAX) $ 27.28 2.19%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 75,703.28 0.59%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 2.71%
weth
WETH (WETH) $ 2,897.49 1.42%
chainlink
Chainlink (LINK) $ 12.58 0.31%
bitcoin-cash
Bitcoin Cash (BCH) $ 376.33 2.06%
sui
Sui (SUI) $ 2.27 2.52%
polkadot
Polkadot (DOT) $ 4.13 1.24%
leo-token
LEO Token (LEO) $ 6.37 2.49%
usds
USDS (USDS) $ 1.00 0.03%
litecoin
Litecoin (LTC) $ 71.15 0.49%
uniswap
Uniswap (UNI) $ 8.87 5.33%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,048.93 1.94%
near
NEAR Protocol (NEAR) $ 4.18 2.95%
aptos
Aptos (APT) $ 9.56 2.62%
pepe
Pepe (PEPE) $ 0.000011 0.47%
bittensor
Bittensor (TAO) $ 500.87 7.54%
internet-computer
Internet Computer (ICP) $ 7.68 4.45%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.40 3.09%
dai
Dai (DAI) $ 1.00 0.06%
monero
Monero (XMR) $ 164.07 0.85%
stellar
Stellar (XLM) $ 0.101153 2.88%
ethereum-classic
Ethereum Classic (ETC) $ 20.05 2.38%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
kaspa
Kaspa (KAS) $ 0.113165 8.13%
whitebit
WhiteBIT Coin (WBT) $ 19.66 2.02%
aave
Aave (AAVE) $ 180.27 4.46%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.342732 0.88%
blockstack
Stacks (STX) $ 1.66 4.43%
crypto-com-chain
Cronos (CRO) $ 0.089922 4.77%
okb
OKB (OKB) $ 40.10 0.16%
dogwifcoin
dogwifhat (WIF) $ 2.34 4.38%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.04%
arbitrum
Arbitrum (ARB) $ 0.575248 1.93%
filecoin
Filecoin (FIL) $ 3.71 2.80%
mantle
Mantle (MNT) $ 0.649737 5.19%