MTU Aero Engines sells U.S. manufacturing unit to EDAC Technologies

MTU Aero Engines will pull out of its production activities in the U.S.: the manufacturing unit of MTU Aero Engines North America (AENA) was sold to U.S.-based EDAC Technologies. The contract was signed late last week. The transaction will not affect MTU’s revenue and profit forecast for the year, nor will it have an impact on the engine programs pursued jointly with its partners.