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May 29, 2015 9:04 AM ET

Aerospace and Defense

Company Overview of GE Aviation

Company Overview

GE Aviation designs, develops, manufactures, and supplies jet engines, components, and integrated systems for commercial, military, business and general aviation aircraft, and ship propulsion applications worldwide. It offers commercial engines, including twin-aisle aircraft, single-aisle aircraft, regional aircraft, and multi-platform engines; avionics, electrical power, digital, and Dowty propeller systems; and landing gear systems and structures, fuel tanks, refueling probes, pylons, and aero structures and transparencies. The company also provides wing leading and trailing edges, engine nacelles, landing gear structures, and fairings and strakes; military and commercial gas turbines; die...

1 Neumann Way

Mail Drop J-4

Cincinnati, OH 45215-6301

United States

Founded in 1949

Phone:

513-243-2000

Fax:

513-243-9494

Key Executives for GE Aviation

Chief Executive Officer and President
Age: 57
Chief Financial Officer
Age: 50
Chief Executive Officer of GE Australia and New Zealand
Age: 54
Chief Executive Officer of GE Aviation Services and President of GE Aviation Services
Age: 50
Chief Executive Officer of Avio Aero
Compensation as of Fiscal Year 2014.

GE Aviation Key Developments

GE Aviation and Woodward Combine Fuel Systems Expertise for New Joint Venture

GE Aviation and Woodward, Inc. announced a strategic 50/50 joint venture for fuel systems for GE's large commercial aircraft engine lines. The new joint venture will design, develop, source, supply and service the fuel system, including components from the fuel inlet up to the fuel nozzle, for the GE90, GEnx, GE9X and all future large commercial engines developed by GE Aviation. Woodward will be the preferred supplier to the joint venture. Production rates for jet engines and components from GE Aviation have increased significantly during the last five years, with large commercial engine production more than doubling to close to 500 engines in 2015. With a backlog of more than 1,600 high-thrust engines like the GE90, GEnx and GE9X, the high production rates will continue well into the future. Under terms of the joint venture agreement, Woodward will receive $250 million in cash and the parties will participate jointly in the operating results of the respective programs. Completion of the transaction is subject only to customary regulatory approvals, and it is expected to close near the end of calendar 2015. This joint venture with Woodward and the related program award is in line with GE's strategy to ensure a stable supply chain to manage production volume growth.

General Electric-Aviation Wins $105 Million Federal Contract

General Electric-Aviation was awarded a share of a $105 million federal contract modification by the U.S. Air Force Research Laboratory, Wright-Patterson Air Force Base, Ohio for adaptive engine technology development.

IKHANA Aircraft Services Selects GE Aviation's H Series Turboprop Engines to Re-Engine Twin Otter DHC-6-100/-200/-300 Aircraft

IKHANA Aircraft Services selected GE Aviation 's H Series turboprop engines to re-engine Twin Otter DHC-6-100/-200/-300 aircraft. IKHANA is a specialist in structural upgrades, re-life, systems modifications, and increases to the max takeoff gross weight of the Twin Otter. The H Series turboprop engines will extend the performance and capabilities of the Twin Otter beyond what is currently available to operators around the world. As new H Series applications enter service, production rates continue to climb, with upwards of 100 engines expected to be delivered in 2015. Since the engine family entered service in 2012, GE has produced more than 200 H Series engines for aircraft flying diverse missions, from Aircraft Industries' L410 commuter plane to the Thrush 510G agricultural aircraft.

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