GE Aviation Systems

GE Aviation Systems

Infobox Company
company_name = GE Aviation Systems
company_
company_type = Subsidiary
foundation = 1963-01-03
founder =
location_city = London
location_country = United Kingdom
key_people =
area_served =
industry = Engineering
products =
revenue = GB£1,020 mil. (2006)" [http://www.geaviation.com/aboutgeae/presscenter/other/other_20070115.html GE To Acquire Smiths Aerospace, Extending Aviation Offerings; Plans JV with Smiths Group To Build Global Detection Business] ." GE-Aviation press release. January 15, 2007.]
operating_income =
net_income =
num_employees = 11,000
parent = GE Aviation
divisions =
company_slogan = Bringing technology to life
homepage = [http://www.geaviationsystems.com/ geaviationsystems.com]
footnotes =

GE Aviation Systems (formerly Smiths Aerospace) is the largest European based aerospace equipment company with its businesses and sales revenues split between Europe and North America.

Smiths Aerospace was formerly one of four business units of Smiths Group plc., an engineering company and constituent of the FTSE 100 share index. However, Smiths Group and General Electric announced on January 15, 2007 that Smiths Group was divesting Smiths Aerospace to General Electric for £GB2.4 billion (US$ 4.8 billion)." [http://online.wsj.com/article/BT-CO-20070115-703428.html Smiths To Sell Aerospace Ops To GE For $4.8B] ." McGrath, S.; Stone, R. "The Wall Street Journal". January 15, 2007.] Smiths Aerospace, which was an important supplier, became an operating subsidiary of GE Aviation. This acquisition will reportedly give the combined unit the clout to resist pricing pressures from its two largest customers, Boeing Commercial Airplanes and EADS Airbus. Analysts further assert that it will enable General Electric to acquire assets similar to those which it desired in its failed bid for Honeywell in 2000. GE Aviation closed the transaction on May 4, 2007." [http://www.smiths-aerospace.com/News/Archive/2007/GE-Aviatio/index.asp GE Aviation Completes Acquisition of Smiths Aerospace] ." Smiths Aerospace press release. May 4, 2007.]

Products

* Its electronic and mechanical systems businesses include integrated modular avionics, flight management and stores management systems, recording and analyzing of voice, video and data. Crew information and mission planning. Other products include power generation and distribution, fuel gauging, management and aerial refueling systems and environmental conditioning. Systems essential to aircraft performance includes flight controls, thrust reversers, landing gear and hydraulic systems.
* The engine component capabilities include engine ring technology, supplying complex gas turbine engine components to every major engine program worldwide.
* The company also operates a global customer services organisation which provides support for 1,500 customers in 140 countries through a network of local centers.

The company is involved with Boeing's KC-767" [http://seattletimes.nwsource.com/html/businesstechnology/2003568484_webtanker12.html Boeing Unveils Air Force Tanker In $40 Billion Contract Competition] ." Borak, D. Associated Press. February 12, 2007.] and F/A-18E/F Super Hornet, Lockheed Martin's F-35 Lightning II, F-22 Raptor, and C-130J Hercules, and the Eurofighter Typhoon. Smiths engine components equip many major military and civil gas turbine engines, providing critical technologies from intake to exhaust.

History

Smiths Aerospace was formed from the take over of TI Group's aerospace activities, including firms such as Dowty Rotol.

References


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