Tag Archives: GE

Michael House, a veteran GovCon industry leader, has been named vice president of business development of Siemens’ U.S. federal government subsidiary. He will oversee Siemens Government Technologies’ business capture planning, proposal and development operations in his new role, SGT said Thursday.

The State Department has approved approximately $4.5B in foreign military sales agreements with France, Lithuania, Argentina and Indonesia.

The U.S. Air Force has issued a potential $101.3M contract action to procure turbofan engines from General Electric (NYSE: GE) to power the service branch's modernized F-15 fighter jets.

The Department of Defense has signed agreements worth $187M combined with five companies under the Defense Production Act Title III to help sustain domestic production capabilities and critical workforce during the COVID-19 pandemic. DoD said Friday the contracts were awarded to Austal’s U.S. arm, General Electric’s (NYSE: GE) aviation business, W International, Weber Metals and American Woolen.

The Department of the Treasury considers safeguarding a $17B loan program for eligible national security companies under the Coronavirus Aid, Relief and Economic Security Act in the event that Boeing (NYSE: BA) and General Electric (NYSE: GE) find themselves in need of funds, Bloomberg reported Tuesday. Both companies have raised funds through bond offerings, divestiture and other initiatives.

The Department of Defense has signed agreements worth $135M combined with five vendors under Defense Production Act Title 3 to help sustain critical workforce capabilities and broaden domestic production capacity during the COVID-19 pandemic. Those contracts were signed with Bethel Industries, General Electric’s (NYSE: GE) aviation subsidiary, Spirit AeroSystems, Steel America and Allied Systems.

The U.S. Air Force has issued a solicitation for a contract to replace the engines of its fleet of 76 Boeing-built (NYSE: BA) B-52 Stratofortress bombers.

The State Department has approved a proposed $2.3B foreign military sale of aircraft engines and weapon systems to support the Egyptian government’s efforts to modernize its Boeing-built (NYSE: BA) AH-64E Apache attack helicopters.

The U.S. Air Force has awarded $707.3M in potential contract funds to General Electric (NYSE: GE) to build F110 turbofan fighter aircraft engines for Bulgaria, Slovakia, Taiwan and Qatar.

General Electric (NYSE: GE) has secured a $215M contract modification to supply 48 F414-GE-400 engines and associated devices for the U.S. Navy's F/A-18 Super Hornet aircraft.