MTU Aero Engines takes 18% stake in GE38 helicopter engine

MTU Aero Engines has secured an 18% role as a program participant in the GE38 helicopter engine. Under the GE38 deal, the German engine builder will be responsible mainly for the power turbine module and moreover have the license for maintenance, final assembly and testing as well as MRO for the GE38 models used in European heavy lift helicopters.