The GE Brief – November 11, 2021
Earlier this week, GE announced a “defining moment” in its history, a plan to form three global public companies, each a leader in its industry, focused on aviation, healthcare and energy.
What does that future look like? GE engineers and scientists are already working on it. It could have planes powered by sustainable aviation fuel and hybrid and electric engines, precision diagnosis and treatments aided by diagnostic technologies and artificial intelligence, and a digital grid that can integrate electricity from many sources and protect itself and heal quickly after a storm.
GE says the plan to separate the companies will help speed up the process. “We have a responsibility to move with speed to shape the future of flight, advance precision health and lead the energy transition,” said Larry Culp, GE's chairman and CEO. “The momentum we have built puts us in a position of strength to take this exciting next step in GE’s transformation, enabling each of our businesses to realize their full potential.”
Find out more about that potential here.
Image: CFM International