Walter Aircraft Engines is an aircraft engine manufacturer and former automotive manufacturer. Its notable products include the M601 turboprop. The company is based in Prague, Czech Republic. It has been a subsidiary of GE Aerospace since July 2008.
History
Josef Walter founded the company in 1911 to make motorcycles and motor tricycles.[1] It started to make automobiles in 1913:[1] initially its own models, and later the Fiat 508, 514, 522 and 524 under licence.
By 1926 Walter was Czechoslovakia's fourth-largest car maker by sales volume. In 1929 it still held fourth place, and production peaked at 1,498 cars for the year. By 1932 Walter production had slumped to 217 cars for the year. The figure recovered to 474 in 1933, but fell again to 102 in 1936 and to only 13 in 1937.