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GE GE Aerospace

166.16
2.05 (1.25%)
Last Updated: 14:32:25
Delayed by 15 minutes
Share Name Share Symbol Market Type
GE Aerospace NYSE:GE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.05 1.25% 166.16 166.2399 165.03 165.12 112,513 14:32:25

MTU to Supply GE With Turbine Parts Worth EUR4 Billion

10/07/2014 5:33pm

Dow Jones News


GE Aerospace (NYSE:GE)
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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

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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