MTU Aero Engines' Supervisory Board Renews Contract with COO Dr. Rainer Martens

Munich, July 25th, 2013 - MTU Aero Engines AG’s supervisory board today voted to extend chief operating officer Dr. Rainer Martens’ contract. Martens has been a member of MTU’s board of management since April 15, 2006, with overall responsibility for engineering and production. The contract renewal is for a term of five years, commencing on April 15, 2014.

“I’m very pleased to continue in my role as COO, especially so knowing that MTU has everything in place for a great future, so that all of us will be in for even more exciting challenges to come,” Martens said. “The most pressing topic on the agenda for the coming years will be the preparations for introducing the new-generation GTF engines into service. As we step up our efforts in the field of development and engineering and expand production at MTU’s company locations, we need to succeed in assuring that we maintain the high quality standards that have become our hallmark.”

Martens, who grew up in Oldenburg, studied mechanical engineering at Hannover University. From 1997 to 2001, he headed up MTU’s turbine blade/vane production center. He then transferred to Airbus to become production manager at the company’s Bremen plant before he rejoined MTU.

About MTU Aero Engines

MTU Aero Engines is Germany's leading, the country's only independent engine manufacturer and an established global player in the industry. It engages in the development, manufacture, marketing and support of commercial and military aircraft engines and industrial gas turbines. The company is a technological leader in low-pressure turbines, high-pressure compressors, manufacturing processes, and repair techniques. In the commercial maintenance area, MTU Maintenance is the world's largest independent provider of engine maintenance services. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines flown by the country's military. MTU operates affiliates around the globe; Munichis home to its corporate headquarters. In fiscal 2012, the company had a workforce of some 8,500 employees and posted consolidated sales of some 3.4 billion euros. In early March this year, the company won the German Industry’s 32nd Innovation Award, and in April, it was honored with the German Innovation Award. In both instances, MTU received the recognition for the geared turbofan™ engine’s high-speed low-pressure turbine.

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