WILMINGTON, N.C.---July 28, 2010---With more utilities seeking to boost the output of their existing nuclear power plants to generate more low-carbon electricity, Global Nuclear Fuel-Americas (GNF) is manufacturing more efficient fuel technology to help operators achieve their energy and emissions-reduction goals.
* Total deals worth over US$16 billion signed by GE Aviation from across the world
* Further Expands GE's US$128B High-Margin Services Backlog
* Deals with Emirates, Air Arabia, Qatar Airways and Royal Jordanian in the region
* Complements partnership with Etihad Airways signed at 2009 Paris Air Show
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OSHKOSH, Wis.--(BUSINESS WIRE)--GE Aviation today announced a Research and Development contract worth more than $7 million for the first solid-state primary power distribution technology using Silicon Carbide (SiC) power switches applicable to the latest and future United States Air Force platforms. The contracting office is Wright-Patterson Air Force Base, Air Force Research Laboratories in Ohio.
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FAIRFIELD, Conn. -- July 27, 2010 -- General Electric Company (NYSE: GE) today announced that it had reached a settlement with the United States Securities and Exchange Commission (SEC) concerning the involvement in 2000-2003 of certain non-U.S. subsidiaries in the United Nations Oil-for-Food Program. This concludes the SEC's investigation and related Department of Justice review of GE regarding the Oil-for-Food Program.
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Funding allows for the acquisition of eight BURGER KING units in Medford, Oregon
SCOTTSDALE, Ariz.--Tuesday, July 27, 2010-- GE Capital, Franchise Finance is providing $8.4 million in financing to Ghai Management Services, Inc., a BURGER KING® franchisee based in Fremont, California. The funds will be used to acquire eight BURGER KING fast food restaurants. Financing was provided through the GE Capital, Franchise Finance bank affiliate, GE Capital Financial Inc.
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ASTANA, KAZAKHSTAN---July 26, 2010---GE Oil & Gas has signed a long-term technology transfer and license agreement with JSC ZKMK, the leading Kazak precision engineering plant operator, for the servicing of GE's fleet of oil and gas turbomachinery equipment installed in the Republic of Kazakhstan and the Central Asia region.