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GE-Aviation
GE Aviation, a subsidiary of General Electric, is headquartered in Evendale, Ohio, outside Cincinnati. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft. GE Aviation is part of the General Electric conglomerate, which is one of the world's largest corporations. The division operated under the name of General Electric Aircraft Engines (GEAE) until September 2005. GE Aviation's main competitors in the engine market are Pratt & Whitney and Rolls-Royce. Not only does GE Aviation manufacture engines under its own umbrella, it also partners with other manufacturers. 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 2019, CFM International holds 39% of the world's commercial aircraft engine market share (while GE Aviation itself holds a further 16%). GE and Safran also operate anoth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Safran Aircraft Engines
Safran Aircraft Engines, previously Snecma (''Société nationale d'études et de construction de moteurs d'aviation'') or Snecma Moteurs, is a French aerospace engine manufacturer headquartered in Courcouronnes and a subsidiary of Safran. It designs, manufactures and maintains engines for commercial and military aircraft as well as rocket engines for launch vehicles and satellites. Some of its notable developments, alone or in partnership, include the Dassault Rafale's M88 engine, the Concorde's Olympus 593, the CFM56/ CFM-LEAP for single-aisle airliners, and the Ariane 5's Vulcain engine. The company employs around 15,700 people across 35 production sites, offices, and MRO facilities worldwide and files an average of nearly 500 patents each year. Safran Aircraft Engines also notably operates two joint ventures with GE Aviation: CFM International, the world’s leading supplier of commercial aircraft engines, and CFM Materials. Timeline * 1945: Snecma was formed when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dowty Rotol
Dowty Propellers is a British engineering company based in Brockworth, Gloucestershire that specialises in the manufacture, repair and overhaul of propellers and propeller components for customers around the world. It is owned by General Electric, forming part of its GE Aviation Systems division. History The company was formed as Rotol Airscrews in 1937 by Rolls-Royce and Bristol Engines to take over both companies' propeller development, the market being too small to support more than one company. The name is a contraction of "ROlls-Royce" and "BrisTOL". Rotol's propellers were always considered leading edge, its models equipping the Hawker Hurricane, Supermarine Spitfire, and many other Second World War-era aircraft. By the end of the war it had introduced the first five-bladed propeller to see widespread use, used on late-model Spitfires. In 1943 the company changed its name from Rotol Airscrews Limited to Rotol Limited, and in 1952 it acquired British Messier Limited, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanford Alexander Moss
Sanford Alexander Moss (August 23, 1872 – November 10, 1946) was an American aviation engineer, who was the first to use a turbocharger on an aircraft engine. Life and career Sanford Moss was born 1872 in San Francisco, California to Ernest Goodman Moss and Josephine Sanford. He received his B.S. and M.S. in engineering from the University of California, San Francisco. On August 23, 1899, he married Jennie Edith Somerville Donnely in Chicago, Illinois. Moss received his Ph.D. A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is ... from Cornell University where he built his first gas turbine engine. In 1903 after graduation, Moss became an engineer for General Electric's Steam Turbine Department in Lynn, Massachusetts.Leyes, p.231-232. At GE he worked with Elihu Thomson, Edwin W. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Vernova
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. 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. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE HealthCare
GE HealthCare is a subsidiary of American multinational conglomerate General Electric incorporated in New York and headquartered in Chicago, Illinois. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharmaceuticals for imaging modalities used in medical imaging procedures. It offers dyes used in magnetic-resonance-imaging procedures; manufactures medical diagnostic equipment, including CT image machines; MRI, XRAY; Ultrasound; Cath Labs; Mamogram; Nuclear Medicine Cameres; and develops Health technology for medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, drug discovery, and biopharmaceutical manufacturing. It was incorporated in 1994 and operates in more than 100 countries. On November 9, 2021, General Electric announced it would demerge into three investment-grade public companies, GE HealthCare being one of the three planned divestitures. The spin-off of GE HealthCare is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rolls-Royce Plc
Rolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. Rolls-Royce is the world's second-largest maker of aircraft engines (after General Electric) and has major businesses in the marine propulsion and energy sectors. Rolls-Royce was the world's 16th largest defence contractor in 2018 when measured by defence revenues. Rolls-Royce Holdings plc is listed on the London Stock Exchange, where it is a constituent of the FTSE 100 Index. At the close of London trading on 28 August 2019, the company had a market capitalisation of £4.656bn, the 85th-largest of any company with a primary listing on the London Stock Exchange. The company's registered office is at Kings Place, near Kings Cross in London. History Ownership Rolls-Royce grew from the engineering business ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pratt & Whitney
Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of Raytheon Technologies. Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airlines) and military aviation. Its headquarters are in East Hartford, Connecticut.Contact Us ." Pratt & Whitney. Retrieved on January 7, 2011. "Corporate Headquarters Pratt & Whitney 400 Main Street East Hartford, CT 06108." As one of the "big three" aero-engine manufacturers, it competes with and , although it has also formed joint ventures with both ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World's Largest Corporations
The following is a list of publicly traded companies having the greatest market capitalization. In media they are described as being the most valuable companies, a reference to their market value. Market capitalization is calculated from the share price (as recorded on selected day) multiplied by the number of outstanding shares. Figures are converted into USD millions (using rate from selected day) to allow for comparison. Only companies with free float of at least 15% are included, value of unlisted stock classes is excluded. Investment companies are not included in the list. Trillion-dollar companies The table below lists all companies which have, at any point, had a market capitalization in excess of $1 trillion, the date on which their market cap first exceeded $1 trillion and their record market cap. Publicly traded companies All market capitalization figures are in USD millions. 2022 This list is up to date as of June 30, 2022. Indicated changes in market value are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Aircraft
An airliner is a type of aircraft for transporting passengers and air cargo. Such aircraft are most often operated by airlines. Although the definition of an airliner can vary from country to country, an airliner is typically defined as an airplane intended for carrying multiple passengers or cargo in commercial service. The largest of them are wide-body jets which are also called twin-aisle because they generally have two separate aisles running from the front to the back of the passenger cabin. These are usually used for long-haul flights between airline hubs and major cities. A smaller, more common class of airliners is the narrow-body or single-aisle. These are generally used for short to medium-distance flights with fewer passengers than their wide-body counterparts. Regional airliners typically seat fewer than 100 passengers and may be powered by turbofans or turboprops. These airliners are the non- mainline counterparts to the larger aircraft operated by the major carri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aircraft Engine
An aircraft engine, often referred to as an aero engine, is the power component of an aircraft propulsion system. Most aircraft engines are either piston engines or gas turbines, although a few have been rocket powered and in recent years many small UAVs have used electric motors. Manufacturing industry In commercial aviation the major Western manufacturers of turbofan engines are Pratt & Whitney (a subsidiary of Raytheon Technologies), General Electric, Rolls-Royce, and CFM International (a joint venture of Safran Aircraft Engines and General Electric). Russian manufacturers include the United Engine Corporation, Aviadvigatel and Klimov. Aeroengine Corporation of China was formed in 2016 with the merger of several smaller companies. The largest manufacturer of turboprop engines for general aviation is Pratt & Whitney. General Electric announced in 2015 entrance into the market. Development history * 1848: John Stringfellow made a steam engine for a 10-foot wingspan mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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