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Tag Archives: GE

Darius Adamczyk Named Successor of Honeywell CEO Dave Cote

Darius Adamczyk, president and chief operating officer at Honeywell (NYSE: HON), will serve as the technology and manufacturing company’s CEO, effective March 31, 2017. Adamczyk will succeed Dave Cote, who will continue to serve as Honeywell’s executive chairman through April 2018 and then commence a five-year noncompete and consulting agreement with …

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Christopher Noone Joins Fonteva as Business Development VP; Jerry Huskins Comments

Christopher Noone, formerly head of the public sector independent software vendor business of Salesforce (NYSE: CRM), has joined Fonteva as vice president of business development. Noone will be responsible for the company’s endeavor to increase revenue for emerging product lines, Fonteva said Monday. Jerry Huskins, CEO of Fonteva, said Noone’s …

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Michael Lewis Joins Iron Mountain as Govt Services VP, GM

Michael Lewis, a public sector veteran with more than 30 years of experience, has been appointed vice president and general manager of the government services unit at Iron Mountain (NYSE: IRM). He will oversee the organization that works with federal agencies to help them store, access, secure and manage physical and electronic …

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GE Lands $1B Gas Turbine Production Contract With Saudi Electricity; Mohammed Mohaisen Comments

General Electric (NYSE: GE) has secured a potential $1 billion contract from Saudi Electricity Co. to engineer and build four gas turbines for SEC’s combined cycle power plant in Saudi Arabia. GE said Thursday it will also construct a steam turbine at its New York facility, provide turbine-related services and …

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Bill Ruh: GE Makes Critical Infrastucture Security Push Through WurldTech Acquisition

General Electric (NYSE: GE) has agreed to purchase Vancouver-based cybersecurity firm Wurldtech for an undisclosed sum in a bid to help critical infrastructure operators address vulnerabilities in their systems. Wurldtech offers professional services and technology platforms that work to secure electric transmission grids, oil refineries, smart metering systems and medical …

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GE to Buy Medical Analytics Software Firm CHCA; Jan De Witte Comments

General Electric (NYSE: GE) has agreed to purchase Montreal-based operating room management software provider CHCA Computer Systems for an undisclosed sum. GE intends for the deal to further its strategies to grow the company’s healthcare software business and promote industrial Internet use in medicine, GE said Wednesday. The company expects …

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GE Wins Air Force Neuromorphic Computing System Order; Rod Rice Comments

General Electric‘s (NYSE: GE) intelligent platforms business unit has won a computing system order from the U.S. Air Force Research Laboratory’s Information Directorate for neuromorphic architectures. The high-performance embedded computing technology will be built to process high-bandwidth data from radio frequency sensors using NVIDIA’s graphics processing unit accelerators, GE said Tuesday. …

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GE Closes $4.3B Buy of Avio Aviation Business; David Joyce Comments

General Electric (NYSE: GE) has completed its $4.3 billion acquisition of the aviation business from Italy-based aerospace technology maker Avio S.p.A. GE has integrated the business into its GE Aviation Subsidiary and the business now operates under the name Avio Aero, GE said Aug. 1. David Joyce, president and CEO …

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GE Completes $4.3B Purchase of Italian Aviation Business; David Joyce Comments

General Electric (NYSE: GE) has concluded its $4.3 billion purchase of the aviation segment of Avio S.p.A., an Italian supplier of military and civil aircraft components. The acquisition is aimed at growing GE’s market footprint in areas such as combustion, mechanical transmission and automation, GE said Thursday. David Joyce, president …

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GE to Support AF Engines, Planes for Foreign Sales

General Electric (NYSE: GE) will provide engineering and technical services support for planes and engines to the U.S. Air Force, the Defense Department said Thursday. GE won a $9, 148, 074 contract to support the F-110-GE-100 and J-85-21B engines and F-16 C/D aircraft. This requirements contract involves foreign military sales …

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