Dubai, December 6, 2003: -- GE Aircraft Engines is showcasing its latest range of state-of-the-art commercial and military engines designed to serve the region's aviation sector at Dubai 2003, the 8th International Aerospace Exhibition running from December 7-11. GE's advanced engine technology on exhibit includes the world's most powerful jet engine, the GE90-115B.
--(BUSINESS WIRE)--(NYSE:GE) WHO: President and Mrs. Bush and the GE Consumer Products' designed-and-decorated National Christmas Tree
WHAT: The lighting of the National Christmas Tree in Washington, D.C. -- GE's 41st year in creating the design and donating the lighting and ornaments for our nation's tree
WHEN: 5 to 6 p.m., Thursday, December 4th
WHERE: On the Ellipse (also called Presidents Park), across from the White House South Lawn
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The transformation of GE's business portfolio for faster long-term growth in earnings, cash and returns is on track, GE Chairman and CEO Jeff Immelt told investors today.
Immelt discussed the company's plan announced yesterday to pursue an initial public offering (IPO) of Genworth Financial, Inc., and made the following points about the company's earnings outlook:
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GE's Del Williamson, a Leading Figure in Global Power Industry, Announces Retirement
ATLANTA--(BUSINESS WIRE)--Nov. 19, 2003--Del Williamson, president of Global Sales for GE Power Systems, a 45-year GE veteran and a widely known figure in the world power generation industry, has announced his retirement, effective Feb. 1, 2004.
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GE announced today its intention to pursue an initial public offering (IPO) of a new company named Genworth Financial, Inc. that will comprise most of its life and mortgage insurance operations. GE expects to file a registration statement with the U.S. Securities and Exchange Commission in the first half of January 2004 and complete the IPO in the first half of 2004, subject to market conditions and receipt of various regulatory approvals.
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Nov. 18, 2003-- New Survey Finds Cooking Misconceptions and Holiday Meal Pressures Keep 63% of Americans In The Kitchen for More Than Half of Their Holiday The old adage Home for the Holidays has a bit of a different ring according to the results of a national survey released today by GE.
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GE Signs Definitive Agreement with China for Regional Jet Engines
WASHINGTON D.C.--Nov. 12, 2003--In ceremonies here with U.S. and Chinese government leaders, GE Aircraft Engines (GEAE) signed a formal contract with the Chinese AVIC I Commercial Aircraft Co. Ltd. (ACAC) to supply GE engines for China's new regional jet aircraft.
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GE Wins 23-Year Service Contract for Power and Water Plant in Abu Dhabi; Agreement Worth More Than US$200 Million
ATLANTA--(BUSINESS WIRE)--Nov. 4, 2003--GE Power Systems has signed a contractual service agreement (CSA) with ITM Operation and Maintenance Company Limited (ITM O&M Co. Ltd.) for the Umm Al Nar Power and Water Plant in Abu Dhabi. Valued at more than US$200 million, the agreement calls for GE to provide planned maintenance services for a period of up to 23 years for the five GE Frame 9FA gas turbines at the Umm Al Nar site.