The Air Force Backs Ge Engines

SCORE ONE FOR GENERAL Electric. Eleven months after allegations surfaced that faulty electrical bonding might cause a safety problem in thousands of GE-made aircraft engines, the Air Force has concluded there isn't any safety concern. Still pending: a suit from a GE engineer charging that many engines didn't meet required U.S. contract specifications, which the company is contesting. The Justice Dept., which joined the suit to protect government interests, will decide by May 30 how aggressively to pursue the case.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE