GE And Woodward Create Fuel System JV

GE Aviation has signed a 50/50 joint venture (JV) agreement with component manufacturer Woodward to develop fuel systems for GE’s large commercial aircraft engines, including the GE90, GEnx and GE9X.

GE Aviation has signed a 50/50 joint venture (JV) agreement with component manufacturer Woodward to develop fuel systems for GE’s large commercial aircraft engines, including the GE90, GEnx and GE9X.

Under the agreement the JV will design and develop fuel systems and components, such as fuel inlets and fuel nozzles.

Completion of the deal, which would see Woodward receive $250m, is expected by the end of the year subject to regulator approval.

In January 2013, GE Aviation sold its Cincinnati-based hydraulic thrust reverser actuation systems business to Woodward for $200m.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish