GE Aviation and the University of Cincinnati Finalize Historic Research Collaboration

  GE Aviation and the University of Cincinnati Finalize Historic Research
  Collaboration

Business Wire

EVENDALE, Ohio -- October 31, 2013

GE Aviation, in collaboration with the University of Cincinnati Research
Institute (UCRI), has created the GE Aviation Research Center at the company’s
world headquarters in Evendale, Ohio.

The Research Center enables GE Aviation engineers and scientists to
collaborate with UCRI faculty members and UC students on the Evendale campus
to pursue innovations that have direct application on GE’s future aviation
products.

The scope of this agreement marks a “first” in Ohio between a leading
aerospace company and a leading university research institute.

“Our business is growing significantly and we have considerable new
technologies that must be developed and industrialized,” said Gary Mercer,
vice president of engineering at GE Aviation. “We want UC’s best minds to be a
part of our journey as we influence the future course of aviation. It is also
an important effort to further enhance Ohio’s aerospace capabilities.”

GE Aviation, the Research Center’s sponsor, is investing almost $100 million
in capital improvements at the Evendale campus to facilitate research efforts
defined by GE and UCRI. In addition, GE has committed $6 million over the next
three years to fund the six UCRI researchers and 19 UC undergraduate and
postgraduate students who will work at the Evendale campus. Click here for the
rendering of the engine combustion laboratory to be constructed.

UCRI has also committed $1 million in funding over the next three years to
purchase equipment to support the technology projects. Also, GE will benefit
from UCRI’s considerable research and development experience in aerospace
engineering. GE and UC have collaborated on aerospace projects for many years,
and hundreds of GE Aviation employees are UC graduates.

“UCRI supports the collaborative process between industry and the university,”
said David Linger, president and CEO of UCRI. “We work closely with GE
Aviation to understand its business needs and drive efficient solutions.”

In 2012, the University of Cincinnati received a $5 million “Ohio Third
Frontier” grant from the state of Ohio that will be used by UCRI to purchase
equipment for the joint GE/UCRI research activities.

The multiyear research projects defined by GE and UCRI for the Research Center
are:

Advanced low-emission combustion. A building under construction at the east
corner of the GE Evendale campus will house a new test cell for engine
combustors. In the heart of a jet engine, the combustor is where compressed
air and fuel are mixed and ignited to generate thrust. The test laboratory
will evaluate the high compression rates demanded to achieve lower emissions
in future engines such as the LEAP engine being developed by CFM
International, a joint company of GE and Snecma (Safran Group) of France; and
the GE9X. GE and UCRI will analyze new methods for burning fuel more
efficiently and cleaner.

*Ceramic matrix composites (CMCs). GE has garnered worldwide attention as the
first jet propulsion company to introduce components made of CMCs into the hot
section of its future engines. The ultra-lightweight CMCs function in
extremely high temperatures that enable lower fuel consumption and maintenance
costs. GE and UCRI will test and evaluate these advanced materials properties
in a realistic environment. CMC components will be introduced on the new LEAP
engine, which enters service in 2016 on narrow-body aircraft; and on the GE9X
engine, which enters service near the end of this decade on the new Boeing
777X.

*Aircraft Energy and Thermal Management. Airplanes are demanding more
electricity. GE Aviation’s Power Distribution division in Dayton is responding
to these requirements, and the Research Center in Evendale will study the
thermal management challenges that these requirements create. GE and UCRI will
link with GE’s Electrical Power Integrated Systems Research and Development
Center (EPISCENTER) being constructed at the University of Dayton (UD). The
EPISCENTER will team GE with UD researchers in the areas of computer modeling,
simulation, and analysis of dynamic electric power systems and controls.

The GE Aviation Research Center further bolsters Ohio’s “I-75 Aerospace
Corridor” with its world-class aerospace companies and universities spanning
from the Greater Cincinnati area to the Dayton area, including GE, UC, UD, and
Wright-Patterson Air Force Base. In addition, GE Aviation funds engine fan and
materials research at Ohio State University.

GE Aviation has about 9,000 employees in southwestern Ohio, and supports
several thousand more employees from area aerospace companies that do business
with GE. GE envisions the Research Center as an important pipeline for
attracting top engineering talent from UC to GE Aviation.

The Research Center is the latest in a series of significant steps taken by GE
Aviation over the past six years to enhance Ohio’s aerospace presence. These
actions include:

2007: GE Aviation’s engine test center at Peebles, Ohio undergoes $90 million
expansion.

2007: GE Aviation acquires Smith Aerospace including two facilities in Dayton,
Ohio.

2009: GE Aviation and the Ohio Dept. of Development partner to revitalize the
Evendale plant. GE invests $100 million in Evendale complex over the next
three years. As part of a 15-year Job Retention Tax Credit from the state of
Ohio, GE Aviation commits to maintaining at least 5,000 area jobs for 18
years.

2013: The GE Aviation Research Center is established in Evendale.

2013: GE Aviation’s engine test center at Peebles undergoes a $70 million
expansion.

Late 2013: GE Aviation opens the Electrical Power Integrated Systems R&D
Center (EPISCENTER) at the University of Dayton campus in collaboration with
the University of Dayton Research Institute.

2013-2015: During this three-year period, GE Aviation will have invested $300
million in its facilities in southwestern Ohio.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider
of jet, turboshaft, and turboprop engines, components and integrated systems
for commercial, military, business and general aviation aircraft. GE Aviation
has a global service network to support these offerings. For more information,
visit us at www.ge.com/aviation. Learn more about GE Business & General
Aviation at http://facebook.com/GEBGA. Follow GE Aviation on Twitter at
http://twitter.com/GEAviation and YouTube at
http://www.youtube.com/user/GEAviation.

Contact:

GE Aviation
Rick Kennedy, +1 513.243.3372
Mobile: +1 513.607.0609
rick.l.kennedy@ge.com
or
Deb Case, +1 513.243.0094
Mobile: +1 513.418.1644
deborah.case@ge.com