Tag Archives: GE

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.

The U.S. Air Force has announced plans to award two sole-source contracts to Boeing (NYSE: BA) and General Electric (NYSE: GE) to support the upgrade of its F-15 fighter aircraft fleet.