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General Electric Company, doing business as GE Aerospace, [5] is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati.It is the legal successor to the original General Electric Company founded in 1892, which split into three separate companies between November 2021 and April 2024, adopting the trade name GE Aerospace after divesting its healthcare ...
General Electric scientist Robert N. Hall invents the solid state laser [5] 1963 Gerald L. Phillippe becomes chairman, replacing Ralph J. Cordiner: 1964 General Electric sponsors Carousel of Progress at the 1964 New York World's Fair and continues sponsorship after it is moved to Disneyland from 1967 to 1973, then to Magic Kingdom (1975–1985 ...
Gerhard Neumann (October 8, 1917 – November 2, 1997) was a German-American aviation engineer and executive for General Electric's aircraft engine division (which today is called GE Aerospace). Born and raised in Germany, he went to China shortly before World War II where he became an aircraft mechanic for the United States Army Air Forces.
1921: GE turbosupercharger engine helps an aircraft reach a record altitude; 1921: Magnetron vacuum tube; 1927: First television brought into the home; 1941: First U.S. Jet Engine; 1943: First auto-pilot system; 1946: Cloud seeding developed; 1949: The J47 jet engine is developed, which came to be the most produced gas turbine jet engine in ...
The General Electric I-A was the first working jet engine in the United States, manufactured by General Electric (GE) and achieving its first run on April 18, 1942.. The engine was the result of receiving an imported Power Jets W.1X that was flown to the US from Britain in 1941, and the I-A itself was based on the design of the improved Power Jets W.2B, the plans of which were also received.
GE Aerospace's business will obviously wax and wane over time. That's the norm for cyclical industrial businesses . But with geopolitical tensions seemingly always an issue, defense spending seems ...
One year ago, GE's aerospace business was earning an operating profit margin of 18.8% on its sales. In Q3 2024, that number improved to 20.3%. Also encouraging was the growth in new orders.
The major commercial engine manufacturers, such as GE Aerospace, RTX, and Rolls-Royce, make their money through the long-term stream of higher-margin aftermarket/services revenue generated on long ...