GE Investing $65 Million In Dayton’s Aerospace Corridor | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Most Recent Daily Airborne

Airborne On ANN

Airborne On YouTube/Hi-Def/Mac Friendly

Monday

Airborne 01.26.15

Airborne 01.26.15

Tuesday

Airborne 01.27.15

Airborne 01.27.15

Wednesday

Airborne 01.28.15

Airborne 01.28.15

Thursday

Airborne 01.29.15

Airborne 01.29.15

Friday

Airborne 01.30.15

Airborne 01.30.15

Thu, May 03, 2012

GE Investing $65 Million In Dayton’s Aerospace Corridor

CEO Stresses Growth During Dayton Chamber Of Commerce Keynote

In a keynote address Monday to the Dayton Chamber of Commerce annual meeting, Lorraine Bolsinger, president and CEO of GE Aviation Systems said the company is committed to west-central Ohio. “GE Aviation will continue to grow its Dayton presence in a dramatic way,” she said. “GE plans to grow and attract talent to Dayton from around the world.”

Bolsinger (pictured) said the company is investing $17 million in capital improvements for its Dayton facilities, and another $50 million in its new Electrical Power Integrated Systems R & D center that will be operational next year. In the past five years, GE Aviation has added 400 jobs at its three Dayton plants, initiated construction of a new R&D center at the University of Dayton, and hopes the GE commitment to the region will bolster efforts by Ohio leaders to make Greater Dayton a test-flight hub for future unmanned aircraft.

GE Aviation is headquartered in the nearby Cincinnati suburb of Evendale, Ohio.

The new R&D center will be the intellectual heart and soul of GE’s electrical power business with potentially 150 – 200 researchers in the next five years depending on future programs.

The R & D center will position GE to pursue business for the next generation of planes, many of which will be unmanned aerial vehicles (UAVs). GE is a big player in this emerging market, providing electrical power and distribution for such UAVs as the Global Hawk, a surveillance plane used in Afghanistan. The use of UAVs is growing rapidly in both military and commercial aviation. The Teal Group predicts the annual $6 billion spend in UAVs worldwide will nearly double in the next decade.

Within the next year, the FAA will designate six sites across the U.S. as future flight testing centers for UAVs. Ohio is engaged in this important competition with at least 22 other states. “This will be hotly contested and will have long-term implications for Ohio,” Bolsinger said. “We hope that GE’s presence in Dayton will play a positive role in Ohio’s effort to become a future hub for UAV test activity. This is an opportunity to establish an enduring relationship between the FAA, Wright-Patterson, NASA and Ohio aerospace. Let’s make sure Ohio is part of the next exciting chapter in aviation history.”

GE has a sizable footprint in Ohio with 22 locations and 15,000 employees across several divisions – including the Aviation headquarters near Cincinnati – and the Lighting headquarters in Cleveland. GE employs 2,600 workers in the Dayton area – including three Aviation sites – and a large credit card operation in Kettering.

FMI: www.ge.com/aviation

Advertisement

More News

Citizen Scientists Lead Astronomers To Mystery Objects In Space

'Yellow Balls' Discovered By Volunteers Studying Spitzer Images Sometimes it takes a village to find new and unusual objects in space. Volunteers scanning tens of thousands of star>[...]

Aero-News: Quote Of The Day (02.01.15)

"While this star formed a long time ago, in fact before most of the stars in the Milky Way, we have no indication that any of these planets have now or ever had life on them. At th>[...]

ANN's Daily Aero-Term (02.01.15): Final Approach Fix

Final Approach Fix The fix from which the final approach (IFR) to an airport is executed and which identifies the beginning of the final approach segment. It is designated on Gover>[...]

Air Ambulance Market Size, Vendor Landscape Analyzed In New Report

New Global Air Ambulance Research Report Shows Projected Growth Of Nearly Ten Percent The Global Air Ambulance market is expected to grow at a CAGR (Compound Annual Growth Rate) of>[...]

US Navy Approves F/A-18 IRST System For Production

Long-Range Sensor System Demonstrated Production Readiness On Super Hornet The F/A-18 Super Hornet infrared search and track (IRST) system, developed and integrated by Boeing and L>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC