Read Daily News or Be Left Behind ?


Read Daily News Or Be Left Behind

Live in the Present & Plan for the Future

GE Aerospace has become an independent public company, marking the completion of the multi-year transformation of conglomerate GE.

The company will trade on the New York Stock Exchange under the ticker ‘GE’ from Tuesday.

The launch of GE Aerospace as an independent public company comes after spinning off GE Vernova and marks the successful completion of GE’s multi-year transformation, according to a release.

In India, GE Aerospace has been operating since 1982. More than 700 engines manufactured by the company as well as its partner are being used in aircraft of Indian carriers.

Besides, the company’s military engines are part of LCA Mark 1 and Mark II programmes.

Festive Offer

In June last year, GE Aerospace announced a plan to locally co-produce with Hindustan Aeronautics the F414 engine for the LCA programme.

The company has an engineering centre in Bengaluru and a factory in Pune.

“With the successful launch of three independent, public companies now complete – today marks a historic final step in the multi-year transformation of GE…

“GE Aerospace moves forward with a strong balance sheet and greater focus to invent the future of flight, lift people up, and bring them home safely,” GE Aerospace Chairman and CEO H Lawrence Culp Jr said.

Now, GE has three independent, public companies — GE Aerospace, GE Vernova and GE Healthcare Technologies.

First uploaded on: 02-04-2024 at 19:34 IST

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Leave a Comment

Your email address will not be published. Required fields are marked *