MTU Maintenance: A New Era at Fort Worth
Deal News | Jun 24, 2025 | Hillwood Development Co LLC
MTU Maintenance Fort Worth has signed a 30-year lease with the City of Fort Worth to expand its operations at Perot Field Fort Worth Alliance Airport. As part of its strategic 2050 plan, MTU will invest $120 million to enhance its 43,000-square-meter facility, adding new roles in maintenance, repair, and overhaul (MRO) services, particularly for CFM LEAP and GEnx engines. This expansion, set to create 1,200 direct and up to 2,000 indirect jobs, underscores MTU's commitment to North American growth and positions Fort Worth as a pivotal aviation hub. The facility will be rebranded as MTU Maintenance Fort Worth from September 2025. With a profound economic impact expected, the move aligns with the city's ambition to foster local talent and solidify its status in aerospace innovation.
Sectors
- Aerospace and Defense
- Infrastructure Development
Geography
- United States – The activities and expansion plans discussed are based in Fort Worth, Texas, USA.
- North America – MTU's strategic growth targets the North American region as a key component.
- Germany – MTU Aero Engines AG, the parent company, is based in Germany, and its global strategies impact operations worldwide.
Industry
- Aerospace and Defense – The article focuses on MTU Maintenance's expansion in the aerospace sector, particularly in aviation engine maintenance and overhaul services.
- Infrastructure Development – The investment in facilities at Perot Field Fort Worth Alliance Airport highlights significant infrastructure development activities.
Financials
- $120 million – The investment amount by MTU Maintenance into its Fort Worth facility expansion.
- €7.5 billion – MTU Aero Engines' reported revenue for the financial year 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| MTU Maintenance Fort Worth | Target Company | Company | The company signing a 30-year lease to expand its operations at Perot Field Fort Worth Alliance Airport. |
| City of Fort Worth | Government Entity | Government | The governmental body facilitating the lease agreement with MTU Maintenance. |
| MTU Aero Engines AG | Parent Company | Company | A leading provider of aircraft engines, guiding MTU Maintenance's strategic expansion efforts. |
| Perot Field Fort Worth Alliance Airport | Facility Location | Other | The site at which MTU Maintenance is expanding its operations. |
| Hillwood Development Co LLC | PE Firm | Company | The private equity firm connected with the development activities at Perot Field. |