Join venture for Europe's sixth generation fighter engine ... | fcas ngf
SafranAircraftEnginesandMTUAeroEngineshavefinalisedacollaborationagreementwitha50/50jointventure.Thenewentity,calledEUMET(EuropeanMilitaryEngineTeam),willbebasedinMunichandwillbeheadedbyaSafran-nominatedCEO.EUMETwilloverseethedevelopment,productionandsupportoftheenginetopowerNext-GenerationFighter(NGF).Thejointventurewillbethesolecontractpartnerfortheparticipatingnationsintheengineprogramme.SafranAircraftEnginesandMTUAeroEnginessaytheyarelookingforwardtoinvolvingtheSpanishcompanyITPAerointhi...
Safran Aircraft Engines and MTU Aero Engines have finalised a collaboration agreement with a 50/50 joint venture.
The new entity, called EUMET (European Military Engine Team), will be based in Munich and will be headed by a Safran-nominated CEO.
EUMET will oversee the development, production and support of the engine to power Next-Generation Fighter (NGF). The joint venture will be the sole contract partner for the participating nations in the engine programme.
Safran Aircraft Engines and MTU Aero Engines say they are looking forward to involving the Spanish company ITP Aero in this challenging engine roadmap. ITP will be contracted as a main partner to EUMET.
Through EUMET, the partners will be developing the technology and demonstrators for a best-in-class engine that will meet the evolving needs of European armed forces.
"The conclusion of this agreement reflects the strong and joint determination of our two companies to engage the technol...