GE Aerospace has raised its 2025 financial guidance and delivery expectations, driven by improved supply chain health and ...
(NYSE: GEV) today announced that GE Vernova will acquire the remaining fifty percent stake of Prolec GE, its unconsolidated joint venture with Xignux, further positioning GE Vernova as a global leader ...
The JV was originally established between Xignux and General Electric in 1995. GE Vernova will pay $5.275 billion at closing to acquire Xignux' stake in the JV, the companies said. The acquisition is ...
GE Aerospace CEO Larry Culp said on Tuesday the company's efforts to fix supply chain problems are showing results, helping ...
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