NEWS FROM THE STANDARD |
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SpaceWorks Pulls the Plug
May 03 2001 01:54 PM PDT
General Electric's Spin Machine
Jan 15 2001 09:00 AM PST
PROFILE |
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Once a sky-baby next to Pratt & Whitney and Rolls Royce, GE Aircraft Engines now rules the runway as the world's largest producer of engines for commercial and military planes. This division of General Electric makes jet, turboprop, and turboshaft engines that power aircraft from cargo, executive, and passenger jets to bombers and helicopters. It also makes aircraft engine derivatives for marine propulsion and industrial power sources. Its GE Engine Services unit offers maintenance, service, and spare parts to aviation customers. The US government accounts for about 15% of the unit's total sales. GE Aircraft Engines accounts for about 8% of General Electric's total sales.
COMPETITION |
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Rolls-Royce plc (RYCEY)
United Technologies Corporation -- Aerospace (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 10,092.00
1-Yr. Sales Growth: (4.4)%
Employees: 44,000
Revenue per employee: $229,363.64
KEY PEOPLE |
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David L. Calhoun
CEO
John J. Falconi
CFO
CONTACT INFO |
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1 Neumann Way, Mail Drop J-4
Cincinnati, OH 45215
US
Phone: 513-243-2000
Fax: 513-786-1568
Online: Web Site
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