Safran CEO says MTU military engine venture funded until September
28/07/2026 07:04
Safran CEO says MTU military engine venture funded until September PARIS, July 28 (Reuters) - The head of France's maker Safran SAF.PA said on Tuesday its fighter-engine venture with Germany's MTU Aero Engines is funded until September and its future will depend on the path of future projects following the collapse of a Franco-German fighter.
CEO Olivier Andries said Safran could not commit to two entirely different next-generation military engines and would give priority to France's military development requirements.
(Reporting by Tim Hepher, Florence Loeve, Editing by Louise Heavens)
((tim.hepher@thomsonreuters.com; +33 1 49 49 54 52; Reuters Messaging: tim.hepher.thomsonreuters@reuters.net))
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