GRAND RAPIDS, Mich.--(BUSINESS WIRE)--GE Aviation has been awarded a development contract from the U.S. Navy for AV-8B aircraft radar display computers. The contract is valued at more than $16 million, with completion in 2011 at which time the follow-on production contract is anticipated.
FAIRFIELD, Conn.--19 February 2009-- GE today announces the appointment of one new company officer. GE currently has 191 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth.
Below are the details of GE's new officer:
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GE Starts Accepting Applications from Japanese Firms Via Web Today
Tokyo, Japan, February 10, 2008 -- GE Japan announced that it is will co-host the Japan Technology Forum 2009 with GE Global Research, the centralized research organization for GE at the end of May 2009 in Tokyo. This forum aims to build partnerships between GE and Japanese companies that have world-class technology. GE Japan will accept applications to participate in the forum until February 28 (Saturday), 2009 via the corporate website.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.31 per outstanding share of the Company's common stock. The dividend is payable April 27, 2009, to shareowners of record at the close of business on February 23, 2009. The ex-dividend date is February 19, 2009. This dividend payment will complete the dividend for the first half of 2009.
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Implementation of technology supports ecomagination initiatives to reduce company's water and carbon footprint
FAIRFIELD, Conn.--02 February 2009-- GE today announced that its new technologies will save the company more than 11 percent of the current annual energy used for cooling at its Ohio data center. In addition, the new solution will save two to three million gallons of water -- or 20 percent -- while also reducing use of water treatment chemicals at the facility by 50 percent.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Moody's informed us today it has placed General Electric Company's and General Electric Capital Corporation's (GECC) long-term Aaa ratings on review for possible downgrade. This review does not affect GE's and GECC's short-term funding ratings of Prime-1 (P-1), which were affirmed by Moody's. This action is a follow-up to Moody's December review of GE's 2009 operating plan. GE has outlined a plan for the year that is based on the difficult global economic environment we see.
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SHANNON, Ireland--(BUSINESS WIRE)--GE Commercial Aviation Services (GECAS) today announced that its engine leasing unit signed 120 new engine lease agreements in 2008, approximately 10 placements per month.
"At the end of our 10th anniversary year, we have grown to a portfolio of some 350 owned and managed engines," said Julie Dickerson, general manager GECAS Engine Leasing. "But we couldn't have done it without our 140 airline customers around the world and a talented group of employees."
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Abu Dhabi, January 20, 2009 -- Masdar announced today that GE will be an anchor partner in Masdar City. In a joint Masdar-GE agreement, the two companies outlined plans to house a new Ecomagination Centre, focused on sustainable business solutions and to form a broader R&D relationship that will support the development and deployment of new and innovative technologies. This center is part of a multi-faceted strategic partnership signed by Mubadala and GE in July 2008.
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Innovative Public-Private Venture Builds Careers and Economy
WASHINGTON--15 January 2009-- The U.S. Army Reserve and GE (NYSE: GE) agreed today to work collaboratively to develop long-term staffing solutions for America's Soldiers and veterans. The partnership, launched under the Army Reserve's Employer Partnership Initiative (EPI), allows both organizations to recruit, train and employ individuals interested in serving the nation and pursuing careers in diverse business industries within GE.