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| Name | Symbol | Market | Type |
|---|---|---|---|
| MTU Aero Engines AG (PK) | USOTC:MTUAY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.44 | -0.87% | 164.45 | 161.84 | 167.12 | 164.80 | 164.12 | 164.12 | 5,003 | 21:18:30 |
From Nov 2019 to Nov 2024
By Giulia Petroni
MTU Aero Engines AG said Thursday that its subsidiary MTU Maintenance Canada Ltd. would partner with GE Aviation to provide maintenance, repair and overhaul services for the U.S. Air Force's F108 engines.
The German aircraft-engine manufacturer said the two parties would enter into a five-year contract with a one-year base and four one-year option periods.
MTU Maintenance's services will begin from the fourth quarter of the year. Financial details of the agreement weren't disclosed.
GE Aviation is a subsidiary of General Electric Co.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
October 22, 2020 08:49 ET (12:49 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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