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The Latest Breaking News from GE Aviation

US court sentences Chinese spy to 20 years for stealing trade secrets

Xu Yanjun was accused of a lead role in a five-year Chinese state-backed scheme to steal commercial secrets from GE Aviation

The Guardian - US

Air France-KLM Inks Agreement With CFM For Engine Configuration

Air France-KLM (OTC:AFLYY) has established an agreement with CFM International to acquire 200 LEAP-1A engines to power its new fleet of Airbus SE (OTC:EADSY) A320neo and A321neo. Financial terms were not disclosed. CFM International is a 50/50 joint venture between GE Aviation, a division of General Electric Co (NYSE:GE), and Safran Aircraft Engines, a division of Safran (OTC:SAFRY). Last…

Benzinga

GE CEO to take reins at its aviation business as comeback in airline travel is marred by supply chain bottlenecks, labor shortages

General Electric Co.’s chief executive officer will take on the additional job as CEO of its aviation unit, the Boston-based company announced Monday.

Tribune News Service

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GE Makes Leadership Changes In Aviation Unit: All You Need To Know

General Electric Co (NYSE:GE) has named its current Chairman and CEO H. Lawrence Culp, Jr., to take up the additional role of CEO of GE Aviation, effective immediately. GE Aviation's current President and CEO, John Slattery, has been named Executive Vice President and Chief Commercial Officer of the business. GE named Russell…

Benzinga

4 Large-Cap Value Stocks With 40%-71% Upside, According to Wall Street

In the face of various macroeconomic and geopolitical headwinds, the stock market is expected to remain volatile in the coming months. Large-cap value stocks have been gaining significant investor attention due to their tendency to outperform large-cap growth stocks. Thus, Wall Street analysts expect fundamentally sound large-cap value stocks Ford…

StockNews.com

Biden to plug manufacturing initiative at Ohio metal company

President Joe Biden is set to announce that five major U.S. manufacturers have made commitments to boost their reliance on small and medium American firms for 3D printing

The Independent UK

Gloucestershire factory workers to strike in dispute over pay

The workers at Dowty Propellers, a subsidary of GE Aviation Systems, will begin industrial action next week

Birmingham Post

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Singapore Airlines Inks $2.8B Order For 22 GE9X Engines, Services

Singapore Airlines (OTC:SINGY) has ordered an additional 22 GE9X engines from General Electric Co (NYSE:GE) operating unit GE Aviation to power its 777-9 aircraft fleet. The order includes a 12-year GE TrueChoice services contract and is valued at $2.8 billion at list price. Singapore Airlines has 31 Boeing Co (NYSE:BA) 777-9 aircraft on order. In 2017, the…

Benzinga

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