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February 06, 2016 6:59 PM ET

Aerospace and Defense

Company Overview of GE Aviation

Company Overview

GE Aviation designs, develops, and manufactures jet and turboprop engines, components, and integrated systems for military, commercial, business and general aviation aircraft, and ship propulsion applications worldwide. The company offers avionics, electrical power, digital systems, structures, propeller, propulsion, exhaust energy recovery, and DLE combustor systems. It also provides canopies, windscreens, pylons, refueling probes, and fuel tanks; machined metallic assemblies, such as ribs, brackets, spreader plates, support structure, and jacking points; upper and lower panels, gear beam fittings and panel support structure; engine nacelles; and wing fixed trailing edge components. It also...

One Neumann Way

Cincinnati, OH 45215-6301

United States

Founded in 1949

Phone:

513-552-3272

Fax:

513-552-3329

Key Executives for GE Aviation

Chief Executive Officer and President
Age: 58
Chief Financial Officer and Vice President
Age: 51
Chief Executive Officer of GE Australia and New Zealand
Age: 55
Chief Executive Officer of GE Aviation Services and President of GE Aviation Services
Age: 51
Chief Executive Officer of Avio Aero
Compensation as of Fiscal Year 2015.

GE Aviation Key Developments

GE Aviation to Cut More Than 230 Engineering Jobs in Ohio

GE Aviation is cutting 238 engineering jobs in southwestern Ohio and 69 at other U.S. sites as it trims more than 7% of its engineering workforce.

GE Aviation Selects Site for New Manufacturing Plant

GE Aviation has chosen the site for its newest manufacturing facility. The $400 million GE Turboprop Center of Excellence will create more than 500 jobs in the Czech Republic when it opens in 2020. The new facility will be used to manufacture the company's advanced turboprop engine that was launched in November 2015 to power Textron Aviation Inc.'s new single-engine turboprop aircraft. The engines will be built in GE Aviation's existing facilities until the new site is operational. The decision to open the facility in the Czech Republic follows the company's ongoing investment in Europe, which includes its 2008 acquisition of Czech Republic-based Walter Engines and its 2013 acquisition of Italy's Avio Aero. In total, GE Aviation has more than 12,000 workers in 22 facilities in Europe.

Praxair Surface Technologies and GE Aviation to Form Joint Venture

Praxair, Inc. announced that GE Aviation and Praxair Surface Technologies, Inc. have entered into a definitive agreement to form a joint venture for the development, support and application of specialized coatings. The coatings will be tailored for GE Aviation’s and CFM International’s current and future engine models, including the GE9X and LEAP engines. When created, the joint-venture company will expand its footprint with a new coatings plant in the southeast United States, which will supplement the services provided to GE from Praxair’s Indianapolis facility and other global operations. Additionally, under the agreement, Praxair Surface Technologies’ current scope of services provided to GE Aviation will be expanded. GE Aviation production volume will continue to grow due to a large backlog of commercial engine orders. Praxair Surface Technologies will be the majority owner of the venture and will consolidate the results. GE Aviation will hold the remaining membership interests. The parties plan to begin operations during the second quarter of 2016, once regulatory approvals are obtained.

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