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Engine maker MTU hopes for maintenance deal in German fleet overhaul

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...
Engine maker MTU hopes for maintenance deal in German fleet overhaul © Reuters. 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.

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    EUR/USD 1.0582 ↑ Sell  
    GBP/USD 1.2292 ↑ Buy  
    USD/JPY 135.13 ↑ Sell  
    AUD/USD 0.6937 Sell  
    USD/CAD 1.2904 ↑ Buy  
    EUR/JPY 142.99 ↑ Sell  
    EUR/CHF 1.0133 ↑ Sell  
    Gold 1,828.50 Neutral  
    Silver 21.337 Buy  
    Copper 3.7595 Neutral  
    Crude Oil WTI 108.20 ↑ Buy  
    Brent Oil 109.71 ↑ Buy  
    Natural Gas 6.187 ↑ Sell  
    US Coffee C 220.68 ↑ Sell  
    Euro Stoxx 50 3,530.65 ↑ Sell  
    S&P 500 3,904.50 ↑ Sell  
    DAX 13,155.75 ↑ Sell  
    FTSE 100 7,246.98 ↑ Buy  
    Hang Seng 22,229.52 ↑ Sell  
    Small Cap 2000 1,762.50 ↑ Sell  
    IBEX 35 8,206.50 ↑ Sell  
    BASF 42.682 Buy  
    Bayer 59.27 ↑ Buy  
    Allianz 180.76 Buy  
    Adidas 171.86 ↑ Sell  
    Lufthansa 5.970 ↑ Sell  
    Siemens AG 103.84 Buy  
    Deutsche Bank AG 8.793 Buy  
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Cập nhật lúc 18:53:21 27/06/2022
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