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Tag Archives: General Electric

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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Boeing Lands $134M Sustainment Support IDIQ for Air Force E-4B Fleet

Boeing (NYSE: BA) has received a potential 10-year, $134 million contract to provide sustainment support for the U.S. Air Force’s E-4B aircraft fleet. The award exercises the one-year base period under the service branch’s indefinite-delivery/indefinite-quantity contract, the Defense Department said Monday. E-4B works as a command-and-control post that serves the …

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Jerry Tarnacki Joins Aerojet Rocketdyne as Quality, Mission Assurance VP; Eileen Drake Comments

Jerry Tarnacki, formerly vice president of aftermarket services at Pratt & Whitney, has joined Aerojet Rocketdyne (NYSE: AJRD) as quality and mission assurance VP. He will be based at the company’s facility in West Palm Beach, Florida, Aerojet Rocketdyne said Monday. “Jerry brings a wealth of expertise in the areas …

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State Dept Clears Proposed $495M Foreign Military Sale to Saudi Arabia

The State Department has approved a potential $495 million foreign military sale of Sikorsky Aircraft‘s UH-60M Black Hawk utility helicopters, General Electric‘s T700-GE-701D engines and associated parts, equipment and services to Saudi Arabia. The Defense Security Cooperation Agency said Wednesday Saudi Arabia’s order for major defense equipment includes nine Black Hawks, 21 GE engines, …

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Hugh Evans: Veritas Capital to Acquire GE’s Embedded Computing Systems Portfolio

General Electric (NYSE: GE) has agreed to sell its embedded technology and systems business to Veritas Capital for an undisclosed amount. Veritas said Tuesday it expects to complete the acquisition in the fourth quarter of 2015 and will rename and make the Huntsville, Alabama-based business an independent company after the …

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State Dept OKs Britain’s $3B Apache Helicopter Reburbishment Request

The State Department has approved the U.K’s request to purchase $3 billion in AH-64E Apache Guardian helicopters and associated parts, equipment and logistics services from the U.S. government through a foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the prime contractors for the deal are Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), General Electric (NYSE: …

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NASA Taps 13 Companies for Aerospace Research at Glenn Center

NASA has selected 13 companies to support aerospace research and provide propulsion and communications systems to the Glenn Research Center in Ohio under five-year contracts with a maximum value of $190 million. The space agency said Wednesday awardees will work to develop, verify and demonstrate communications, propulsion, structures and materials technology for space …

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GE, Pratt & Whitney Land Aircraft Engine R&D Contract Modifications

The U.S. Air Force has awarded $210 million in contract modifications to General Electric (NYSE: GE) and Pratt & Whitney to develop adaptive aircraft engines. The companies will work to advance the development of adaptive engine systems up to the preliminary design and compatibility review phases, the Defense Department said …

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Army Taps General Electric to Provide Turboshaft Engines to Taiwan

General Electric‘s aviation arm will provide its T700 701D/401C turboshaft engine for military aircraft under a $2 billion foreign military sales contract with Taiwan. The Defense Department said Friday the indefinite-delivery/indefinite-quantity contract supports U.S. Army, Navy and Air Force program requirements and runs through Dec. 31, 2020. The Army Contracting Command at Redstone …

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State Dept OKs $952M Helicopter, Missile Sale to Pakistan

The State Department has approved Pakistan’s request to purchase Viper attack helicopters and Hellfire missiles from the U.S. under a potential $952 million foreign military sales agreement. Pakistan will use the precision strike aircraft and weapons to carry out counterterrorism and counter-insurgency operations in the North Waziristan Agency, federally-administered tribal areas …

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