IR-News details
MTU Aero Engines takes a stake in GE’s enhanced LM6000-PF+ aeroderivative gas turbine
- Program work share: 13 percent
- Projected revenues: around one billion euros
Munich, October 23, 2015 – MTU Aero Engines will have a stake in the LM6000-PF+ (PF+), the latest version of General Electric’s (GE) LM6000 aeroderivative gas turbine series. Germany’s leading engine manufacturer has taken a 13-percent work share as a risk- and revenue-sharing partner in the development and production of this industrial gas turbine, which is derived from the CF6 aircraft engine. The PF+ offers higher gas turbine output (52-58 megawatts) and combined-cycle efficiency (56 percent) than other products in its class.. For MTU, the stake in the program translates into expected revenues of around one billion euros over the entire lifecycle of the program.
“It makes us proud that GE is relying on our expertise again for the successor to the LM6000-PF,” says Michael Schreyögg, MTU Aero Engines Chief Program Officer. “Our company brings many years of experience in the design, production and repair of industrial gas turbines to the table. We’ve had a program share in the current LM6000 product family since 1990. This new opportunity now allows us to further strengthen our relationship with GE.”
Over 1,200 LM6000 units have been produced and accumulated a combined total of more than 33 million operating hours in more than 50 countries around the world. The PF+ offers reliability of greater than 99 percent. The PF+ with its low-emission combustor builds on global experience from GE’s fleet of LM6000 variants and delivers between 52 and 58 megawatts of power. The PF+ version has been developed to deliver more exhaust gas energy for combined-cycle cogeneration processes and to serve the needs of the Oil and Gas industry with its increased power and proven reliability and availability.
Enhancement was achieved by improved materials and technological innovations that have already been incorporated on GE’s CF6-80C2 and -80E1 aero engines. Entry into service of the first LM6000-PF+ units is planned for the third quarter of 2016.
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Senior Manager Investor Relations
Senior Manager Investor Relations