Groundbreaking ceremony in Hyderabad, India ITP Aero

ITP Aero starts development of new Hyderabad aerospace facility

ITP Aero has marked the expansion of its Hyderabad operations with a groundbreaking ceremony for a new facility in Hyderabad, India. The development will further strengthen the company’s presence in the country and reflects its continued long-term investment in the region. Having operated in Hyderabad for 15 years, ITP Aero has established strong engineering and […]

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ITP Aero to acquire Aero Norway

Financial

ITP Aero, a global reference in aerospace propulsion, has signed a binding agreement to acquire Aero Norway, an well known MRO provider specialising in the overhaul and repair of CFM56 engines. The agreement represents a substantial milestone in ITP Aero’s global growth strategy and reinforces its commitment to expanding its aftermarket services capabilities. Based in

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Honeywell and ITP Aero have inaugurated Europe’s first F124 engine service centre in Madrid

Honeywell and ITP Aero open F124 engine MRO hub in Madrid

MRO & Production

Honeywell and ITP Aero have officially opened Europe’s first maintenance, repair, and overhaul service centre for the Honeywell F124-GA-200 engine. The landmark facility is located at ITP Aero’s site in Ajalvir, Madrid. The launch was marked with a ribbon-cutting ceremony attended by senior executives from both companies. The new centre represents a major step in

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ITP Aero signs five-year exclusive MRO deal with Summit Helicopters

MRO & Production

ITP Aero has entered into a five-year exclusive maintenance, repair and overhaul (MRO) agreement with Summit Helicopters, aimed at providing full support for PW206 and PW207 engines. Summit Helicopters, based in Salem, Virginia, is a well-established name in the helicopter maintenance sector and holds recognition as a Bell Customer Service Facility as well as an

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ITP Aero joins Pratt & Whitney’s GTF MRO network

MRO & Production

Pratt & Whitney, a business of RTX, has announced the expansion of its global GTF engine maintenance network with the addition of ITP Aero. Based in Madrid, ITP will provide full maintenance, repair and overhaul (MRO) services, along with testing capabilities, for the PW1500G engines powering the Airbus A220 and the PW1900G used on the

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ITP Aero reports record revenues and workforce growth in 2024

Financial

ITP Aero, majority-owned by Bain Capital, has reported record revenues of €1,612 million in 2024, an increase of 24% compared to 2023. The company also achieved an EBITDA of €295 million, representing a 43% increase from the €217 million recorded in 2023. In a further demonstration of its commitment to innovation, ITP Aero invested €102

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GE Aerospace has granted ITP Aero license for CT7-2F1 engine MRO

ITP Aero secures GE Aerospace licence for CT7-2F1 engine

MRO & Production

GE Aerospace has granted ITP Aero a licence for the MRO of the CT7-2F1 engine, enhancing global service capabilities for operators of the Bell 525. Under this agreement, ITP Aero will become a value-added partner within GE Aerospace’s TrueChoice™ programme, providing comprehensive maintenance solutions for the latest CT7 engine variant. ITP Aero is a leader

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Inauguration ceremony of ITP Aero's advanced manufacturing centre, ADMIRE, in Zamudio (Bizkaia, Spain) © ATP Aero

ITP Aero opens advanced manufacturing centre in Zamudio, Spain

MRO & Production

ITP Aero, a global aerospace propulsion company majority-owned by Bain Capital, has officially inaugurated its advanced manufacturing centre, ADMIRE, in Zamudio (Bizkaia, Spain). The company has invested €24 million in this new facility, which will support the development of new materials, complex components and enhanced repair solutions. The centre will also play a key role

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ITP Aero extends MRO contract with Pratt & Whitney Canada

MRO & Production

ITP Aero has extended its maintenance, repair, and overhaul (MRO) services contract with Pratt & Whitney Canada, an RTX business, for the mid-turbine frame (MTF) and low-pressure compressor (LPC) modules of the PW800 engine. This agreement, effective until 2028, aligns with ITP Aero’s strategic focus on expanding its presence in the MRO market and enhancing

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The new collaboration agreement between Rolls-Royce Deutschland and ITP Aero was signed at the ILA Berlin © Rolls-Royce

Rolls-Royce Deutschland and ITP Aero partner on Wingman Engine development

Military & Defense

Rolls-Royce Deutschland and ITP Aero have signed a memorandum of understanding (MoU) to collaborate on the design, development, manufacture and support of a cutting-edge Wingman Engine, aimed at large remote carriers. During the MoU signing ceremony, a mock-up of the Wingman Engine concept was unveiled, showcasing the power and propulsion solution to a wide audience

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ITP Aero starts development of new Hyderabad aerospace facility

ITP Aero to acquire Aero Norway

Honeywell and ITP Aero open F124 engine MRO hub in Madrid

ITP Aero signs five-year exclusive MRO deal with Summit Helicopters

ITP Aero joins Pratt & Whitney’s GTF MRO network

ITP Aero reports record revenues and workforce growth in 2024

ITP Aero secures GE Aerospace licence for CT7-2F1 engine

ITP Aero opens advanced manufacturing centre in Zamudio, Spain

ITP Aero extends MRO contract with Pratt & Whitney Canada

Rolls-Royce Deutschland and ITP Aero partner on Wingman Engine development

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