PLAINVILLE, Conn.--(BUSINESS WIRE)--July 23, 2003--GE Industrial Systems, a $6 billion unit of the General Electric Company (NYSE: GE), announced today it has acquired Saferex Oy, which configures electronic security systems in Finland for security guard services, locksmiths, security contractors and wholesalers of electrical goods.
The Helinski, Finland-based company is privately held. Terms of the transaction were not disclosed.
Dubai, July 23, 2003 -- General Electric has broken new ground with the opening of a US$52 million research facility in Munich, the company's first in Europe and the fourth worldwide. The new state-of-the-art research and development centre, located on the campus of the University of Munich (TUM), will develop advanced research and technology for all of GE's businesses.
LOUISVILLE, Ky.--(BUSINESS WIRE)--July 21, 2003--Did you know that one in ten women have a husband or boyfriend that knows absolutely nothing about doing the laundry? According to a recent national survey commissioned by GE Harmony (NYSE:GE), its true, despite the fact that doing laundry is one of the oldest domestic tasks in existence.
July 21, 2003 -- LYNN, Massachusetts--GE Aircraft Engines (GEAE) has been awarded a $510 million performance-based logistics (PBL) contract by the U.S. Navy.
The contract covers repair and overhaul of 36 components for F404-400/-402 rotor and stator assemblies, plus designated controls and accessories. The PBL contract will provide the fleet with availability of major sub-assemblies at a level significantly higher than that offered by traditional support processes.
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