Tag Archives: GE

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 …

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 …

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 …

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 …

Robert “Bob” Swan, chief financial officer at Intel (Nasdaq: INTC), has been appointed by the company’s board as interim CEO in a move that takes effect immediately. Intel said Thursday Swan succeeds Brian Krzanich, who resigned after five years at the helm, and will oversee its operations in partnership with the senior leadership …

The State Department has approved Bahrain’s request to buy 12 Bell Helicopter-built AH-1Z attack helicopters and related equipment and services through a potential $911.4 foreign military sales agreement. Bell Helicopter and General Electric (NYSE: GE) will act as prime contractors in the proposed FMS deal in support of Bahrain’s efforts to deter …

David Calhoun, a board member at Boeing (NYSE: BA) since 2009, has been elected to succeed Kenneth Duberstein as lead director of the Chicago, Illinois-based defense and aerospace contractor’s board in a move that takes effect April 30. “Dave is a tremendous asset to Boeing, bringing invaluable skills and experience …

Tom Vice, formerly president of aerospace systems sector at Northrop Grumman (NYSE: NOC), has joined Reno, Nevada-based Aerion Supersonic as president and chief operating officer. Vice will report to Brian Barents, Aerion chairman and CEO, and oversee the development, certification and delivery of the firm’s AS2 supersonic aircraft, the company …

General Electric (NYSE: GE) has received a six-month, $74 million contract to repair, replace and provide program support services for engine components of the U.S. Navy‘s F/A-18 E/F Super Hornet and EA-18G Growler aircraft platforms. The Defense Department said Tuesday that GE will support 773 F414 aircraft engine  components under the firm-fixed-price, performance-based logistics requirements type contract. Ninety-nine percent …

General Electric‘s (NYSE: GE) aviation unit has received a potential five-year, $380 million to provide technical, engineering and technical support services for the U.S. Army‘s  T700 turbine engine recapitalization effort. GE Aviation will also overhaul, convert and repair the engine along with modules and identified components in support of Corpus Christi …