GE’s Q2 Results: A Strong First Half of the Year
Reporting GE’s second-quarter results, GE Chairman and CEO and GE Aerospace CEO Larry Culp said, “GE’s second-quarter performance was strong, building on our first-quarter momentum and marking a solid first half of the year … Today, we are raising our full-year guidance as market strength and the lean transformation within our more focused businesses drive significant profit and cash improvement across GE.” Read more about the results here.
A Compassionate, Principled Leader
Nick Perugini was, as his GE colleagues recall fondly, smart, passionate, and a source of unbridled optimism. “Nick found the time during the day to do everything that he was committed to and still make every single person working with him feel like they were his number one priority,” says one teammate. Read this moving tribute to Perugini, chief information officer of corporate functions and capital technology, who died in May.
And a Splash of Atmosphere Blue
This week at Wisconsin’s Oshkosh air show, GE Aerospace debuted its new livery design for the aircraft test bed for NASA’s Electrified Powertrain Flight Demonstration project, a landmark effort to help prove the feasibility of hybrid electric flight for commercial aviation. Check out the new look.
— Quote of the Day —
“GE Aerospace is growing rapidly, executing on the ramp for customers and building services strength, while GE Vernova advances toward its spin-off as Renewable Energy improves and Power continues to deliver. Each business has its own critical mission and focus.”
— Larry Culp, GE chairman and CEO and GE Aerospace CEO
Quote: GE Reports. Images: Shutterstock, courtesy of Nick Perugini family, GE Aerospace.