GE Fanuc Automation Americas, a unit of the GE Infrastructure global business platform, has introduced the new Proficy Intelligent Production Solutions, which provide a full range of integrated, easy-to-use software applications and services to continuously improve productivity, profitability and competitive advantage by enabling the real-time enterprise.
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U.S. Transportation Security Administration Program Designed to Strengthen Airport Security
WILMINGTON, Mass.--(PRNewswire)--June, 17, 2004--GE Infrastructure, Security, a unit of the General Electric Company, announced today that the Transportation Security Administration (TSA) launched its first-ever live pilot of GE's EntryScan3 walk-through explosives detector in an airport environment.
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June 16, 2004 -- CINCINNATI, Ohio - Virgin America, the new Virgin-branded U.S. domestic airline, has announced an order for CFM56-5B engines to power up to 105 Airbus A320 family aircraft.
CFM56-5B engines are produced by CFM International, a 50/50 joint company between Snecma Moteurs and General Electric Company. The engine has been selected to power nearly 60 percent of the Airbus A318, A319, A320, and A321 aircraft currently in service.
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ATLANTA--(BUSINESS WIRE)--June 15, 2004
GE Energy has signed a definitive agreement to acquire the assets of three business units of S.D. Myers, Inc. of Tallmadge, Ohio, a leading supplier of services for transformers and substations across the global power industry. GE Energy has also signed a definitive agreement to acquire the assets of Fluidex Engineering, a South African entity owned indirectly by the Myers family that owns S.D. Myers. The two acquisitions are each subject to customary closing conditions and may close independently of each other.
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June 14, 2004 -- ST. LOUIS, MO - The U.S. Navy has awarded the Boeing-led industry team a $3.89 billion contract to build the Multi-mission Maritime Aircraft (MMA). The total program estimated value is approximately $15 billion over a 10-year production run.
The Boeing-led team, which includes CFM International, Northrop Grumman, Raytheon, and Smiths Aerospace will produce seven test aircraft during the program's System Development and Demonstration (SDD) phase. Plans call for up to 109 aircraft to be purchased by the Navy to replace its aging fleet of 223 P-3 aircraft.
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GE Energy To Acquire BHA Group Holdings, Inc., A Leader In Air Quality Control
ATLANTA, GEORGIA -- June 1, 2004 -- GE Energy has signed a definitive agreement to acquire BHA Group Holdings, Inc., a leading provider of air quality control products and services, in an all cash transaction for $38 per share or approximately $260 million. Upon consummation of the transaction, BHA will become a wholly owned subsidiary of GE.
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GE Fanuc Automation Americas, a unit of the GE Infrastructure global business platform, has introduced the new PACSystems Control Memory Xchange, which can increase users' product quality and boost uptime by increasing data acquisition capacity and reliability, even in the harshest electrical noise environments.
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Money Matches Contributions From GE Employees, Retirees
ERIE, Pa. (May 19, 2004) -- The GE Foundation today distributed checkstotalling more than $184,000 to 24 organizations that are part of GE's Community Matching Gifts program. The money is a dollar-for-dollar match of contributions made by GE employees and retirees, meaning that the qualified organizations Received more than $368,000.
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May 17, 2004 -- SAO PAULO, Brazil -- In a news conference here today, Brazilian low-cost carrier Gol Transportes Aereos announced a firm order for CFM56-7 engines to power 15 new Boeing 737-800 aircraft, in addition to taking purchase options on 28 additional aircraft. The firm engine order, including spares, is valued at approximately $200 million at list price.
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