MTU and Safran create EUMET joint venture for NGF engine

MTU Aero Engines and Safran Aircraft Engines have finalized their collaboration agreement by creating a 50/50 joint company called EUMET GmbH, based in Munich. The joint venture will oversee development, production and support of the engine for the Next-Generation Fighter (NGF) within the FCAS program.

“Establishing a joint company for this next European fighter engine is a further milestone in the close relationship of our companies which lasts already for six decades.”mtu.de

• 1 source
• mtu.deMTU and Safran Aircraft Engines create EUMET to lead engine activities of the Next-Generation Fighter (NGF) - MTU Aero EnginesApr 29, 2021

Summarized from public sources; check the original articles before acting on it.