MTU's corporate strategy is geared to profitable growth and customer satisfaction.
The four target Areas of MTU's growth strategy are:
A balanced product portfolio – Participation in rapidly growing new programs
MTU participates in rapidly growing and high-volume military and commercial engine applications, working with various partners in doing so. It optimizes its risk profile as well as growth opportunities through continuous participation in varying thrust classes and fields of application. MTU Aero Engines is currently focusing on ramping up production of Geared Turbofan™ engines for regional and medium-haul jets, which it has developed together with partners, and on developing GE’s GE9X engine program for the Boeing 777X widebody aircraft, for which the market launch is scheduled for 2020. These programs complement MTU’s excellent positioning in the MRO segment, as the company has secured itself a share in the future aftermarket service business through its stakes in these engine programs.
Cutting-edge technologies – Maintaining and expanding technological leadership
MTU is currently extending its technological leadership by focusing on the development of new high-temperature materials and modern manufacturing technologies such as additive processes. In combination with optimized cyclic processes, the company is thus able to achieve even greater efficiency in the medium term with its core modules – the high-pressure compressor, turbine center frame and low-pressure turbine – and therefore greater profitability and environmental friendliness, while simultaneously reducing component weight.
Concurrently, MTU is also cooperating with research institutes and industrial partners on assessing and demonstrating future engine concepts from the early development stages.
The digitalization of products, services and value creation processes is also growing in importance.This manifests itself in development, for instance, in the extensive use of simulation techniques in all areas through to the virtual engine.
Enhanced competitiveness – Increased productivity accompanied by a reduction in capital tie-up
MTU encourages a culture of continuous improvement in order to secure its competitiveness. The focus here is on optimizing structures, processes and capital tie-up in all areas of the company. Digitalization and automation technologies (Industry 4.0) play a key role here.
The goal is to continue to optimize MTU’s supply chain and its production and service network in terms of delivery capability, quality and costs.