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Tag Archives: GE

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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GE Wins $265M for Navy F-18 Engine Repair

General Electric (NYSE: GE) has won a $265 million contract to repair and replace engines on the U.S. Navy‘s F-18 fleet, the Defense Department announced Monday. The three-year performance-based logistics requirements contract also covers program support for the 35 F404 engines, which the company will install on the F/A-18 Hornet configurations. …

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AF Awards $684M Engine Tech Program IDIQ to GE, UTC

The U.S. Air Force has awarded positions on a a potential $684 million engine technology development contract to General Electric-Aviation (NYSE: GE) and United Technologies (NYSE: UTX). GE Aviation won $349, 747, 900 and UTC won $335, 048, 342 in funding, according to a Defense Department release. This potential four-year …

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Boeing, GE Sign $108M AF Tanker Control Systems Agreement; Lorraine Bolsinger Comments

Boeing (NYSE: BA) has signed a potential $180 million contract with General Electric (NYSE: GE) for GE to provide mission control systems for a U.S. Air Force tanker. GE said work will include system design, development and production for the KC-46A tanker. Lorraine Bolsinger, president and CEO of GE’s aviation systems business, said …

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