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Tag Archives: GE

Boeing Splits Chairman, CEO Roles; David Calhoun Named Non-Executive Chairman

David Calhoun, independent lead director at Boeing (NYSE: BA), has been elected to serve as non-executive chairman after the aerospace and defense company’s board decided to separate the chairman and CEO roles in an effort to strengthen the firm’s safety management practices and governance.

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BAE US COO Tom Arseneault Adds President Role; Jerry DeMuro Quoted

Tom Arseneault, chief operating officer of BAE Systems’ U.S. arm, has assumed additional duties as president of the subsidiary. He was also named to the board of directors of BAE Systems Inc. and will assume functional leadership responsibilities, the company said Thursday. “Tom has a proven track record leading complex …

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GE Awarded $343M F/A-18 Aircraft Engine Support Contract

General Electric (NYSE: GE) secured a potential five-year, $343.5M contract for repair, replacement and program support work on engine components of the U.S. Navy’s F/A-18 A to D aircraft variants. The performance-based logistics requirements contract has a $77.6M base value for initial work that runs through March 2020, the Department …

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Todd Cordell, Jamila Taylor Take HR Leadership Roles at Guidehouse; Scott McIntyre Quoted

Todd Cordell and Jamila Taylor, both of whom previously worked at General Electric (NYSE: GE), have been appointed to human resources leadership positions at Guidehouse‘s Washington, D.C. office. Cordell will serve as chief HR officer and Taylor will be head of HR operations, Guidehouse said Thursday. “They each bring really relevant experiences …

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GE, Framatome, Westinghouse Secure $111M in DOE Fuel Dev’t Funds

General Electric (NYSE: GE), Westinghouse and Framatome have secured $111.2M in financial assistance awards from the Department of Energy to develop accident tolerant fuels. ATFs are designed to increase the heat tolerance of nuclear reactors and ensure the safety, security, reliability and economy of nuclear fuel activities, DOE said Thursday. GE will …

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GE Wins Potential $450M DLA IDIQ for Patient Monitoring Systems, Training Services

General Electric‘s (NYSE: GE) medical information technology business has won a potential 10-year, $450M contract to supply patient monitoring systems to U.S. military branches and federal agencies. The company will also deliver related medical accessories and provide training services under the indefinite‐delivery/indefinite‐quantity contract from the Defense Logistics Agency, the Department …

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Jose Ignacio Garcia to Join Spirit AeroSystems as SVP, CFO

Jose Ignacio Garcia, a two-decade veteran of General Electric (NYSE: GE), has been appointed senior vice president and chief financial officer at aircraft components manufacturer Spirit AeroSystems (NYSE: SPR). His appointment is effective Jan. 9 and he will succeed Sanjay Kapoor, who is due to retire as Spirit AeroSystems CFO in the …

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GE to Replace, Repair Navy Aircraft Engine Parts Under Potential $630M Contract

General Electric (NYSE: GE) has secured a potential $630.5 million contract to repair or replace components of afterburning turbofan engines that currently power the U.S. Navy‘s F/A-18 E/F and EA 18G aircraft platforms. The Defense Department said Tuesday that GE will also support 773 F414 engine parts as part of the firm-fixed-priced, performance-based logistics …

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Kathy Warden to Succeed Wes Bush as Northrop CEO in 2019

Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC) and a three-time Wash100 recipient, has been elected to serve as president and CEO of the company in a move slated to take effect Jan. 1. She will succeed Wes Bush, who will continue to serve as chairman …

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GE Lands $437M Air Force Contract Modification for Engine Risk Reduction Support

General Electric‘s (NYSE: GE) aviation business has received a $437 million contract modification to help the U.S. Air Force implement risk reduction methods for a new propulsion technology. The company said Monday GE Aviation collaborated with the service branch in efforts to mature cycle engine technologies and architectures as part of the Adaptive Versatile …

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