GE Aviation Announces $22 Billion in Aerospace Deals
General Electric Aviation—part of NEC member General Electric—and its partner CFM International, recently announced that they have received more than $22 billion in orders and commitments for jet engines, avionics, services, and digital offerings. The new orders were made in conjunctions with the companies’ participation in the recent Farnborough International Airshow in England. GE Aviation’s Executive Plant Leader Brandon Wagner said, “It is an awesome time to be in the aerospace industry and it’s an awesome time to be in GE aviation because we have amazing products and amazing people. Yearly, we add anywhere from $8 to $12 sometimes up to $15 million of new equipment to support not only the growth, but also the manufacturing technology needed to make the parts with the highest quality on time with the best price and keeping our employees safe.”
These new orders will have a significant impact on GE Aviation’s manufacturing facility in Hooksett, NH. In 2016, GE recently invested $50 million to expand the Granite State facility by 65,000 square feet. The Hooksett plant employs nearly 900 people, and GE expects to hire up to 125 people expected this year and another 75 in 2019.
The New England Council congratulates General Electric Aviation on these significant new orders and commends the company for its longtime excellence in aviation manufacturing. Read more on the GE Website and in the New Hampshire Business Review.