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Tag Archives: General Electric

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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Douglas Dreyer Joins Parsons’ Federal Group as Business Devt EVP; Carey Smith Comments

Douglas Dreyer, formerly a senior vice president at Vencore, has been appointed executive VP of business development at Parsons’ federal business unit. Dreyer will oversee the federal group’s business development operations in the U.S. through the company’s office in Centreville, Virginia, Parsons said Thursday. “He brings 32 years of progressive …

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GE-Safran JV Lands $2B DLA Contract for F108 Engine Replenishment Spare Parts

A joint venture of Safran‘s aircraft engines unit and General Electric‘s (NYSE: GE) aviation business will supply F108 military aircraft engine replenishment spare parts to the Defense Logistics Agency under a potential $2 billion contract . CFM International will perform work in Ohio and France under the contract that contains nine base months, a four-year option and an additional three-year …

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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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State Dept OKs $1.75B Sale of P-8A Patrol Aircraft, Support to Norway

The State Department has approved Norway’s request to buy Boeing-built (NYSE: BA) P-8A patrol aircraft and associated support under a $1.75 billion foreign military sales agreement  with the U.S. government. Norway asked to purchase up to five P-8A aircraft with commercial engines, tactical open mission software, electro-optical and infrared MX-20HD, AN/AAQ-2(V)1 acoustic …

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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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State Dept OKs $156M Sale of F/A-18 Joint Tactical Radio Systems, Support to Finland

The State Department has approved Finland’s request to buy F/A-18 aircraft equipment and related services from the U.S. government under a potential $156 million foreign military sales agreement. Finland asked to procure 90 Multifunctional Information Distribution System Joint Tactical Radio Systems, test and training equipment, spares, and repair parts in support of …

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