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Tag Archives: GE

GE Lands Potential $907M Navy Contract to Repair F/A-18, EA-18G Engine Components

General Electric (NYSE: GE) has received a potential four-year, $907 million contract to provide repair, replacement and program support services for engine components of the U.S. Navy‘s F/A-18 E, F and EA-18G planes. The Defense Department said Friday the performance-based contract has a three-year base period worth $670.7 million and one option year. The Navy obligated $89.6 …

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GE to Produce Super Hornet, Growler Aircraft Engines Under $115M Navy Contract

General Electric (NYSE: GE) has received a two-year, $114.9 million contract from the U.S. Navy to supply 28 F414-GE-400 engines and associated devices for installation into F/A-18E/F Super Hornet and EA-18G Growler jets. The Navy obligated the full contract amount at the time of award from the service branch’s fiscal 2017 overseas contingency operations aircraft procurement funds, …

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DLA Awards GE $98M Delivery Order to Reproduce F110 Military Jet Engines

General Electric (NYSE: GE) will remanufacture F110 military aircraft engines for the U.S. Air Force under a $98.1 million firm-fixed-priced delivery order from the Defense Logistics Agency. The Defense Department said Tuesday that GE will perform work through through Oct. 30, 2018,  in Ohio and Kansas. DLA’s aviation unit is the contracting activity and will obligate fiscal …

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UTC Vet Stephen Oswald to Join Ducommun as CEO

Stephen Oswald, former CEO of Capital Safety and a senior executive at United Technologies Corp. (NYSE: UTX), will join electronic and structural systems company Ducommun (NYSE: DCO) as president and CEO on January 23. Ducommun said Thursday Oswald will take over the CEO role from Anthony Reardon, who will vacate his operational responsibilities but …

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Admiralty Partners Affiliate Buys Santa Ana-Based GE Business; John Alves Comments

An affiliate of aerospace and defense investment firm Admiralty Partners has purchased General Electric‘s (NYSE: GE) Santa Ana, California-based business operations. Admiralty Partners said Tuesday the former GE unit will continue to operate at its present location under the name Integral Aerospace. Integral Aerospace manufactures commercial and military aircraft products such as carbon …

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GE Appoints Tony Mathis Military Systems Organization VP & GM

Tony Mathis,  a senior account executive at General Electric‘s (NYSE: GE) aviation segment, has been promoted to serve as vice president and general manager of GE Aviation’s military systems organization. Visal Leng was also named Asia Pacific president and CEO of GE’s oil and gas business as Jennifer Waldo was appointed vice president and …

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Iron Mountain Details Executive Transition Series; Tasos Tsolakis to Leave Company

Tasos Tsolakis, executive vice president and chief information and global services officer at Iron Mountain (NYSE: IRM), will leave the Boston-based storage and information management services provider on March 31, 2017 in a series of executive transitions at the company. Iron Mountain said Tuesday Tsolakis’ information technology-related responsibilities will be transferred to a new EVP …

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State Dept OKs $10B Sale of Boeing Super Hornet, Northrop, Raytheon & GE Components to Kuwait

The State Department has given Kuwait the go-ahead to procure Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft and related components and support from the U.S. government under a potential $10.1 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric will act as principal contractors for the sale that covers …

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Wiener Kernisan Promoted as President of Arianespace US Subsidiary; Stephane Israel Comments

Wiener Kernisan, formerly vice president of sales and marketing at Arianespace‘s U.S. subsidiary, has been promoted to president of the Arianespace Inc. business effective Sept. 26. The France-based multinational company said Friday Kernisan will manage customer, industry and governmental relations at its Washington, D.C.-based operations as well as sales activities across the U.S. and Canada. Kernisan has nearly …

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GE, ATEC Land $256M in Turbine Engine Design Review Contracts With Army

The U.S. Army has awarded a $154 million contract to General Electric‘s (NYSE: GE) aviation segment and a $102 million contract to Advanced Turbine Engine Co. to conduct preliminary design reviews for an updated helicopter turbine engine technology. The Defense Department said Monday the companies will assess the design of the engine for potential use on UH-60 Blackhawk and AH-64E Apache helicopters. DoD added …

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