FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 16, 2002--GE Chairman and Chief Executive Officer Jeff Immelt will make a presentation to financial analysts Monday evening, December 16 and Tuesday morning, December 17.
The presentation will be Webcast live at www.ge.com/investor, starting at 8:30 a.m. on Tuesday. The charts for the presentation will be posted on that website Monday evening at 6:30 p.m.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 13, 2002--The Board of Directors of GE today declared an increased quarterly dividend of $0.19 per outstanding share of its common stock.
The dividend increase of 6%, from $0.18 per share, was approved in late November and marks GE's 27th consecutive annual increase. GE has paid a quarterly dividend without interruption since 1899.
The dividend is payable January 27, 2003, to shareowners of record on December 31, 2002. The ex-dividend date is December 27.
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HOUSTON--(BUSINESS WIRE)--Dec. 11, 2002--GE Industrial Systems, a $6 billion unit of the General Electric Company (NYSE: GE), today announced a five-year master agreement to provide ChevronTexaco Corp. (NYSE: CVX) with GE large, energy-efficient motors, and electrical transmission and distribution equipment for ChevronTexaco facilities worldwide.
The products and associated services supplied to ChevronTexaco's global facilities by GE will distribute, protect, and control electric power as well as drive critical production and refining processes.
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EADS Selects GE F414 Engine For Proposed Mako Trainer/Fighter Aircraft Family EVENDALE, Ohio--(BUSINESS WIRE)--Dec. 9, 2002--The European Aeronautic Defense and Space Company (EADS) has signed an exclusive teaming agreement with GE Aircraft Engines (GEAE) for the Definition Phase of its Mako family of advanced trainer and light combat aircraft. EADS selected a derivative of GE's F414-GE-400 fighter engine, which powers the U.S. Navy's F/A-18E/F Super Hornet, for the Definition Phase of the Mako single-engine aircraft family.
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CLEVELAND--(BUSINESS WIRE)--Dec. 5, 2002--When President Bush flips the switch to turn on the 2002 National Christmas Tree in Washington, D.C., on Thursday evening, December 5, the event will mark the 40th consecutive year that GE and its Cleveland-based lighting operations of GE Consumer Products (GECP) have created the design and donated the lighting and ornaments for the tree.
The nation's tree, which grows on the Ellipse (also known as Presidents' Park) between the White House and the Washington Monument, is a 50-foot Colorado Blue Spruce.
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GE Helps Canadian Pacific Railroad Drive Away Hunger; 2002 Holiday Train Supported by Five GE Businesses ERIE, Pa.--(BUSINESS WIRE)--Dec. 4, 2002--General Electric (NYSE:GE) and Canadian Pacific Railroad have partnered again this year to support the 2002 Canadian Pacific Holiday Train project, as two trains traverse Canada and the Northern United States.
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--(BUSINESS WIRE)--
WHAT: Lighting of the 2002 National Christmas Tree. This is the 40th consecutive year that the Cleveland-based lighting operations of GE Consumer Products has donated the design, lights and ornaments for our nation's tree -- a 50-foot Colorado Blue Spruce.
Material for the 100 hand-fabricated star ornaments was donated by another GE business -- GE Plastics of Pittsfield, Massachusetts.
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December 3, 2002 -- EVENDALE, Ohio - GE Aircraft Engines has delivered to Lockheed Martin the first F110-GE-132 engine, the highest-thrust fighter engine ever developed for the F-16 aircraft.
The F110-GE-132, which can produce up to 32,500 pounds of thrust (144 kN), is derived from GE's highly successful F110 engine family, which powers the majority of F-16C/Ds worldwide. The F110-GE-132 engine development was launched in 2000 with its selection for 80 Lockheed Martin F-16C/D Block 60 aircraft by the United Arab Emirates (UAE) Air Force and Air Defense.
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Jeddah, November 30, 2002 ---- General Electric has appointed Abdullah Taibah as the Corporate Regional Executive for the Middle East region, including the GCC, Jordan, Syria and Lebanon. Taibah, based in Riyadh, Saudi Arabia will head Middle East operations, a promising market which accounts for business of US$1.6 billion earned from its eight diversified business groups.