FARNBOROUGH, England--(BUSINESS WIRE)--July 13, 2006--GE-Aviation expects revenues to grow in 2006 to a record $12.8 billion.
The 2006 growth follows a strong 2005 financial performance, when revenues grew to $11.9 billion, up from $11.1 billion in 2004.
Meanwhile, GE-Aviation continues its aggressive technology development program, investing more than $1 billion annually in research and development for new engines, as well as upgrades for current production engines.