Erie welcomes GE leaders, shareholders
With General Electric Co. shareholders, executives and board members coming to Erie for Wednesday's annual shareholders meeting, the timing seemed perfect that GE Transportation was able to flex its financial muscle in the latest company earnings report...
Recession reports - Shocking GE results show size of crisis
FT reported that General Electric underlined the depth of the global financial crisis announcing its worst quarter in five years and slashing full year forecasts.The news, described as shocking by a senior GE executive, combined with data showing that US consumer confidence was at a 26 year low to send shares lower...
GE seeking acquisition opportunities in Italy
General Electric Co is seeking acquisition opportunities in Italy among small- and medium-sized companies with 'superior' technology and a strong growth potential, said General Electric International CEO Ferdinando Beccalli...
Former GE chief holsters his criticism
Former General Electric CEO Jack Welch backed away Thursday from comments he made the previous day criticizing his successor for missing earnings targets...
GE's future may be focus of shareholders
Officials at Fairfield-based General Electric may find a tougher audience than usual as they face shareholders at the conglomerate's annual meeting this week...
GE Rolls-Royce fighter engine team completes F136 high-altitude tests
The GE Rolls-Royce Fighter Engine Team has successfully completed a high-altitude afterburner testing program at the US Air Force Arnold Engineering Development Center in Tennessee, including common exhaust hardware for the F-35 Lightning II aircraft. The F136 engine is a 40,000+ lb. thrust, combat engine that will be available to power all variants of the F-35 for the US military and eight partner nations. All test objectives were reached as planned using an engine configured with Conventional Takeoff and Landing (CTOL) and Short Takeoff Vertical Landing (STOVL) common exhaust systems. The engine configuration included a production-size fan and functional augmentor allowing several run periods to full afterburner operation...
Showing posts with label F136. Show all posts
Showing posts with label F136. Show all posts
Tuesday, April 22, 2008
Friday, March 28, 2008
Recent News: GE Real Estate, GE Aviation, GE in Japan, Global Growth, GE Energy in IL & TX, Carbon Emissions, and GE Water in Turkey
GE Invests $18M in Two Apartment Complexes
GE Real Estate of Norwalk, CT has made an equity investment of $17.8 million with partner BH Equities to acquire two adjacent Class A multifamily assets located in this newly developed community 12 miles north of North Dallas. The properties are Benton Pointe, a 456-unit, three-story garden apartment complex at 425 Benton Dr., and Lansbrook at Twin Creek, a 288-unit, two-story garden apartment complex at 505 Benton Dr....
GE Aviation, Rolls-Royce complete testing phase for F136 engine
The F136 engine being developed by GE Aviation and Rolls-Royce for the U.S. Joint Strike Fighter (F-35) program, has moved another step toward production, the companies said....
Japanese biomass fires up GE engines
Two General Electric Jenbacher gas engines fueled by gasified wood chips are operating at Japan’s largest wood gas-to-energy plant, producing 2 megawatts of electricity for local power 400 kilometers north of Tokyo...
GE looking overseas to find growth
Worried about the U.S. economy? Go global.That's the philosophy of the massive conglomerate, which is globalizing all of its businesses. Overseas sales accounted for more than half of GE's total revenue for the first time last year, and there is likely more growth ahead....
GE Finalizes its Exit from Japanese Consumer Finance
An auction for General Electric Co.’s consumer finance business in Japan is entering its final stage, signaling the latest stage of consolidation of the ailing industry....
GE invests in Texas, Illinois wind projects
GE Energy Financial Services, a unit of GE, is partnering for the third time with leading global wind power developer Invenergy Wind LLC, by investing in Illinois and Texas wind farms that will produce emissions-free electricity equivalent to taking 96,000 average US cars off the road. Together, the two projects will produce nearly 250 megawatts of power...
Ahead of the Pack
General Electric Co. Chairman and CEO Jeffrey R. Immelt has become one of the country's leading advocates of government-mandated caps on carbon emissions. Not because he's an environmentalist -- he says he isn't -- but because he feels government will impose those caps someday so business should get out in front on the issue...
GE has plans for desalination facilities in Turkey
Kürşat Özkan, General Electric’s regional executive for Turkey and southwest Asia, has said that his company has been working on a number of projects to desalinate sea water and to recycle used water, moves of critical importance as climatologists suggest Turkey will be countries facing serious water shortages in 20 to 25 years....
GE Real Estate of Norwalk, CT has made an equity investment of $17.8 million with partner BH Equities to acquire two adjacent Class A multifamily assets located in this newly developed community 12 miles north of North Dallas. The properties are Benton Pointe, a 456-unit, three-story garden apartment complex at 425 Benton Dr., and Lansbrook at Twin Creek, a 288-unit, two-story garden apartment complex at 505 Benton Dr....
GE Aviation, Rolls-Royce complete testing phase for F136 engine
The F136 engine being developed by GE Aviation and Rolls-Royce for the U.S. Joint Strike Fighter (F-35) program, has moved another step toward production, the companies said....
Japanese biomass fires up GE engines
Two General Electric Jenbacher gas engines fueled by gasified wood chips are operating at Japan’s largest wood gas-to-energy plant, producing 2 megawatts of electricity for local power 400 kilometers north of Tokyo...
GE looking overseas to find growth
Worried about the U.S. economy? Go global.That's the philosophy of the massive conglomerate, which is globalizing all of its businesses. Overseas sales accounted for more than half of GE's total revenue for the first time last year, and there is likely more growth ahead....
GE Finalizes its Exit from Japanese Consumer Finance
An auction for General Electric Co.’s consumer finance business in Japan is entering its final stage, signaling the latest stage of consolidation of the ailing industry....
GE invests in Texas, Illinois wind projects
GE Energy Financial Services, a unit of GE, is partnering for the third time with leading global wind power developer Invenergy Wind LLC, by investing in Illinois and Texas wind farms that will produce emissions-free electricity equivalent to taking 96,000 average US cars off the road. Together, the two projects will produce nearly 250 megawatts of power...
Ahead of the Pack
General Electric Co. Chairman and CEO Jeffrey R. Immelt has become one of the country's leading advocates of government-mandated caps on carbon emissions. Not because he's an environmentalist -- he says he isn't -- but because he feels government will impose those caps someday so business should get out in front on the issue...
GE has plans for desalination facilities in Turkey
Kürşat Özkan, General Electric’s regional executive for Turkey and southwest Asia, has said that his company has been working on a number of projects to desalinate sea water and to recycle used water, moves of critical importance as climatologists suggest Turkey will be countries facing serious water shortages in 20 to 25 years....
Friday, February 15, 2008
Recent News: Jet Engines, GE Capital, GE Commerical Finance, Wind Power, Coal Research,
Congress may restore funding for GE-Rolls Royce fighter engine
The chairman of a key defense subcommittee in the U.S. House of Representatives predicted that Congress would restore funding for an alternative fighter engine being developed by GE Aviation and Rolls-Royce, Reuters news agency reported Wednesday. A proposed White House defense budget released last week would cancel funding for the F136 engine, which is intended to compete with a Pratt & Whitney engine to power the F-35, or Joint Strike Fighter. The F-35 is being developed in multiple versions by Lockheed Martin Corp...
GE Capital Solutions, Franchise Finance Helps Sizzling Platter Grow with $58 Million Loan
Sizzling Platter, LLC., a multi-concept operating company with 37 restaurants, is refinancing existing debt, developing new units, and acquiring a Salt Lake City-based 51 unit Little Caesars Pizza franchisee with a senior-term debt loan and revolving line of credit from GE Capital Solutions, Franchise Finance.
GE Provides $425 Million Credit Facility to Mobilitie
GE Commercial Finance's Media, Communications & Entertainment business today announced it has provided a $425 million senior secured credit facility to Mobilitie, the owner of telecommunications towers located across the United States and a portfolio company of Oaktree Capital Management. GE - Media, Communications & Entertainment served as administrative agent and GE Capital Markets acted as joint bookrunner and joint lead arranger with TD Securities for the facility. The facility will be used to support the acquisition of additional towers and deployment of other wireless infrastructure assets....
GE: Plenty of Tailwinds for Wind Power
GE, the biggest U.S. maker of wind turbines, told Reuters yesterday that 2008 revenues from turbine sales could approach $6 billion (HT: Solve Climate.) That could mean as much as 4.2 gigawatts of turbines in 2008, if order-book prices from market-leader and price-setter Vestas are any guide. How much is that? Almost as much wind power as the U.S. installed last year. Or, about 20% of last year’s record-breaking installation. Or, just under 5% of all the wind power installed in the world today...
UW, GE team up to develop advanced coal technology centerSource
GE Energy announced today that it has signed a letter of intent with the University of Wyoming, countersigned by Gov. Dave Freudenthal, for the development of an advanced gasification research and technology center in Wyoming.The proposed center would consist of a small scale gasification system that would allow UW and GE researchers to develop advanced coal gasification technology solutions for Wyoming coals...
GE Sensors Help Control Ventilation in Schools
GE Sensing & Inspection Technologies, a unit of GE Enterprise Solutions (NYSE:GE), is helping schools control their ventilation and outdoor air supply. “Maintaining proper air quality in schools is an important part of maintaining a comfortable, healthy, productive environment for students and faculty,” said Rod Valenta, General Manager of GE Sensing & Inspection Technologies’ Telaire division...
The chairman of a key defense subcommittee in the U.S. House of Representatives predicted that Congress would restore funding for an alternative fighter engine being developed by GE Aviation and Rolls-Royce, Reuters news agency reported Wednesday. A proposed White House defense budget released last week would cancel funding for the F136 engine, which is intended to compete with a Pratt & Whitney engine to power the F-35, or Joint Strike Fighter. The F-35 is being developed in multiple versions by Lockheed Martin Corp...
GE Capital Solutions, Franchise Finance Helps Sizzling Platter Grow with $58 Million Loan
Sizzling Platter, LLC., a multi-concept operating company with 37 restaurants, is refinancing existing debt, developing new units, and acquiring a Salt Lake City-based 51 unit Little Caesars Pizza franchisee with a senior-term debt loan and revolving line of credit from GE Capital Solutions, Franchise Finance.
GE Provides $425 Million Credit Facility to Mobilitie
GE Commercial Finance's Media, Communications & Entertainment business today announced it has provided a $425 million senior secured credit facility to Mobilitie, the owner of telecommunications towers located across the United States and a portfolio company of Oaktree Capital Management. GE - Media, Communications & Entertainment served as administrative agent and GE Capital Markets acted as joint bookrunner and joint lead arranger with TD Securities for the facility. The facility will be used to support the acquisition of additional towers and deployment of other wireless infrastructure assets....
GE: Plenty of Tailwinds for Wind Power
GE, the biggest U.S. maker of wind turbines, told Reuters yesterday that 2008 revenues from turbine sales could approach $6 billion (HT: Solve Climate.) That could mean as much as 4.2 gigawatts of turbines in 2008, if order-book prices from market-leader and price-setter Vestas are any guide. How much is that? Almost as much wind power as the U.S. installed last year. Or, about 20% of last year’s record-breaking installation. Or, just under 5% of all the wind power installed in the world today...
UW, GE team up to develop advanced coal technology centerSource
GE Energy announced today that it has signed a letter of intent with the University of Wyoming, countersigned by Gov. Dave Freudenthal, for the development of an advanced gasification research and technology center in Wyoming.The proposed center would consist of a small scale gasification system that would allow UW and GE researchers to develop advanced coal gasification technology solutions for Wyoming coals...
GE Sensors Help Control Ventilation in Schools
GE Sensing & Inspection Technologies, a unit of GE Enterprise Solutions (NYSE:GE), is helping schools control their ventilation and outdoor air supply. “Maintaining proper air quality in schools is an important part of maintaining a comfortable, healthy, productive environment for students and faculty,” said Rod Valenta, General Manager of GE Sensing & Inspection Technologies’ Telaire division...
Monday, August 13, 2007
Recent GE Aviation News
- GE Aviation to produce Black Hawk helicopter engine (Business Courier)
- Virgin/Boeing/GE near biofuel selection for test (Flight International)
- Fighter engine project no sure thing for GE Aviation (Business Courier)
- GE Aviation wins $250M order (Business Courier)
- Interview With Catherine Gridley, GE Aviation (Aviation Week)
- Air India selects GE Aviation's GE90-115B engines to power Boeing 777-200LR (India Aviation)
- Greener engines good for business at GE (The Cincinnati Post)
- GE Aviation systems power M1A2 Abrams main battle tank (Military & Aerospace Electronics)
- Rolls-Royce engine certified for Boeing's 787 (Reuters)
- House committee approves F136 engine funding (Business Courier)
- Virgin/Boeing/GE near biofuel selection for test (Flight International)
- Fighter engine project no sure thing for GE Aviation (Business Courier)
- GE Aviation wins $250M order (Business Courier)
- Interview With Catherine Gridley, GE Aviation (Aviation Week)
- Air India selects GE Aviation's GE90-115B engines to power Boeing 777-200LR (India Aviation)
- Greener engines good for business at GE (The Cincinnati Post)
- GE Aviation systems power M1A2 Abrams main battle tank (Military & Aerospace Electronics)
- Rolls-Royce engine certified for Boeing's 787 (Reuters)
- House committee approves F136 engine funding (Business Courier)
