General Electric

GE caring for more than 10,500 athletes from over 200 countries at Beijing Games with advanced MRI, ultrasound and ECG technologies

BEIJING, 01 July 2008 -- GE Healthcare, the US$17 billion healthcare business of General Electric Company (GE), is working with medical leaders in the Olympic Movement to advance the use of innovative medical imaging technologies to provide insight into athlete health, as well as benefits for the general public. The company will supply a broad array of medical technologies, including magnetic resonance imaging (MRI), ultrasound and electrocardiogram (ECG) to the Olympic Village General Hospital. In addition, three National Olympic Committees, including China, U.S.    » read more »

Largest-Ever Single Corporate Contribution to to Advance Student Achievement New York City Public Schools

NEW YORK, NY, June 30, 2008 -- Mayor Michael R. Bloomberg and GE Chairman and CEO Jeffrey R. Immelt today announced that the GE Foundation, the philanthropic organization of General Electric Company, has awarded the New York City Department of Education (DOE) a five-year grant of $17.9 million, the largest-ever single corporate contribution to New York City public school system. The grant will support initiatives to better prepare middle school students for college and career opportunities, with a particular focus on improving achievement in math and science.    » read more »

OAK RIDGE, Tenn., June 2008 — The Department of Energy's Oak Ridge National Laboratory and General Electric have collaborated to finalize, test and market the first product from a major brand to meet DOE's new Energy Star criteria for electric heat pump water heaters.

The GE ® Hybrid Water Heater is affordable and designed to be 50 % more energy efficient than a standard 50 gallon electric water heater, which should help reduce carbon emissions associated with standard electric storage water heaters in the average home.

GE and Oak Ridge National Laboratory entered into a Cooperative Research and Development Agreement where ORNL and GE will jointly test and market the units, which could be available in home improvement centers by late 2009.    » read more »

CONTRACTS

NAVY

Lockheed Martin Integrated Systems, Inc., Bethesda, Md., is being awarded a $36,893,216 indefinite-delivery/indefinite-quantity, cost-plus-incentive-fee/cost-plus-fixed-fee, performance-based contract with provisions for firm-fixed price orders.    » read more »

CONTRACTS

NAVY

General Electric Co., Aircraft Engines Business Group, Lynn, Mass., is being awarded a $321,694,248 modification to a previously awarded firm-fixed-price contract (N00019-06-C-0088) to exercise an option for fiscal 2008 Lot 12 full rate production of 84 each F-414-GE-400 engines and device kits and 10 engine fan modules for the F/A-18E/F and EA-18G aircraft.

EA-18G Growler    » read more »

Washington, D.C. -- April 21, 2008 -- Senior executives from four of the world’s top wind turbine manufacturers —GE Energy, Gamesa, Siemens and Vestas—joined today in urging Congress to act promptly to extend the renewable energy production tax credit (PTC). The PTC is now set to expire December 31, 2008, although a one-year extension was recently approved by the Senate.

Vestas wind turbines, Evanston: Photo courtesy of Vestas Wind Systems A/S    » read more »

CONTRACTS

AIR FORCE

Boeing Co., of Anaheim, Calif., is being awarded a modified contract for $24,960,000. This undefinitized contract action will incorporate Engineering Change Proposal (ECP) 0035, Strategic Networks, into the Family of Advanced Beyond-Line-of-Sight Terminals (FAB-T) Increment 1 program. At this time $9,250,000 has been obligated. Hanscom AFB, Mass., is the contracting activity (F19628-02-C-0048/P00141).

Northrop Grumman Systems Corp., Integrated System Sector, of El Segundo, Calif., is being awarded a modified contract for $22,300,005. This action will provide T38, 33 wing assemblies and gear boxes, 15 each. At this time $22,300,005 has been obligated. Hill AFB, Utah, is the contracting activity (FA8218-07-C-0009-P00003).    » read more »