MTU to Supply GE With Turbine Parts Worth EUR4 Billion
11 July 2014 - 2:33AM
Dow Jones News
By Friedrich Geiger
BERLIN--MTU Aero Engines AG (MTX.XE) will supply General
Electric Co. (GE) with turbine parts worth about 4 billion euros
($5.5 billion), the German company said Thursday.
The parts are for GE's GE9X turbine program. The engine is
designed to power Boeing Co.'s (BA) 777X long-haul airliner, which
is slated to enter service around 2020.
MTU said it will assume responsibility for the engine's turbine
center frame and take a 4% workshare in the engine program.
Write to Friedrich Geiger at friedrich.geiger@wsj.com
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