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Smiths Group and General Electric announced on January 15, 2007, that the former was divesting Smiths Aerospace to the latter for £2.4 billion (US$ 4.8 billion). [22] GE Aviation closed the transaction on May 4, 2007. [23] Smiths Aerospace, which was an important supplier, became an operating subsidiary of GE Aviation known as GE Aviation Systems.
Corporate headquarters, Constellation Place. The International Lease Finance Corporation (ILFC) was an aircraft lessor headquartered in the Constellation Place in Century City, Los Angeles, California, US. [citation needed] It was the world's largest aircraft lessor by value, though ILFC's rival, General Electric's GECAS unit, had
GE Aviation Systems (formerly Smiths Aerospace) is an American aerospace engineering, aircraft engine and aircraft parts manufacturer. Smiths Aerospace was formerly one of four business units of Smiths Group plc. , an engineering company and constituent of the FTSE 100 share index.
The remaining 250 employees dedicated to GE Aerospace are moving to the headquarters in Evendale at the end of 2023. No jobs are being eliminated with the change. Local officials are looking into ...
That increase shows that customers haven't lost faith in GE Aerospace. Longer-term, GE Aerospace's defense business has a nearly $17 billion backlog. That's work that should keep the company busy ...
The company's 2024 investment plan calls for nearly $450 million to go toward new machines, inspection equipment, building upgrades and new test cells and safety enhancements at 22 GE Aerospace ...
The company's first major product was an oil cooler for military aircraft. Garrett designed and produced oil coolers for the Douglas DB-7. [9] Boeing's B-17 bombers, credited with substantially tipping the air war in America's and Great Britain's favor over Europe and the Pacific, were outfitted with Garrett intercoolers, as was the B-25. [12]
The first working model of the laser was created at Hughes Research Laboratories in 1960 by Theodore Maiman (1927–2007).; HRL began research on atomic clocks in 1959. In the late 1970s they produced experimental maser oscillators for NRL, which eventually led to space-based GPS atomic clocks.