GE Aerospace in the context of "GE Global Research"

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⭐ Core Definition: GE Aerospace

General Electric Company, doing business as GE Aerospace, is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati. It is the legal successor to the original General Electric Company founded in 1892, which split into three separate companies between November 2021 and April 2024, adopting the trade name GE Aerospace after divesting its healthcare and energy divisions.

GE Aerospace both manufactures engines under its name and partners with other manufacturers to produce engines. CFM International, the world's leading supplier of aircraft engines and GE's most successful partnership, is a 50/50 joint venture with the French company Safran Aircraft Engines. As of 2020, CFM International holds 39% of the world's commercial aircraft engine market share (while GE Aerospace itself holds a further 14%). GE Aerospace's main competitors in the engine market are Pratt & Whitney and Rolls-Royce.

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👉 GE Aerospace in the context of GE Global Research

GE Aerospace Research, formerly GE Research, is the research and development division of GE Aerospace. Before 2024, it was a division of the General Electric Company, which split three ways between 2023 and 2024 and pivoted to aviation.

GE Global Research locations include the Global Research Center in Niskayuna, New York, established as the General Electric Research Laboratory in Schenectady in 1900 and relocated to Niskayuna in 1955 (this site is also known as the Knolls Laboratory, to distinguish it from the original Schenectady location – it is adjacent to the Knolls Atomic Power Laboratory), and the John F. Welch Technology Centre in Bangalore, India, established in 2000.

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GE Aerospace in the context of General Electric

General Electric Company (GE) was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered, during its final year of operation, in Boston.

Over the years, the company had multiple divisions, including aerospace, transportation, energy, healthcare, lighting, locomotives, appliances, and finance. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the Forbes Global 2000. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE—Irving Langmuir (1932) and Ivar Giaever (1973)—have been awarded the Nobel Prize. From 1986 until 2013, GE was the owner of the NBC television network through its purchase of its former subsidiary RCA before its acquisition of NBC's parent company NBCUniversal by Comcast in 2011.

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GE Aerospace in the context of GE Power

GE Power (formerly known as GE Energy) was an American energy technology company owned by General Electric (GE). In April 2024, GE completed the spin-off of GE Power into a separate company, GE Vernova. Following this, General Electric ceased to exist as a conglomerate and pivoted to aviation, rebranding as GE Aerospace.

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