InvestorsHub Logo
Followers 9
Posts 1597
Boards Moderated 1
Alias Born 01/27/2014

Re: 33Sailor post# 5682

Wednesday, 02/15/2017 2:55:45 PM

Wednesday, February 15, 2017 2:55:45 PM

Post# of 6624
Full GE9X Engine certification is expected in 2018.

Progressing well but full certification won't be for a while.

GE Aviation hails $2B order - Feb. 9, 2017

Near the end:

“Singapore Airlines’ order for 20 GE9X-powered 777-9 aircraft demonstrates the airline’s confidence in the new engine-aircraft combination,” Ted Ingling, GE9X general manager at GE Aviation said in a statement. “The new GE9X engine has performed flawlessly through initial testing.

“With more than 700 engines on order, it has become one of the fastest selling widebody engines for GE Aviation,” he added.

The first GE9X engine completed testing in 2016 with flight-testing anticipated later this year, GE said. Certification is scheduled for 2018.




Dust vs. CMCs: A Cool Winner - January 19, 2017

Certification testing on the GE9X program will begin in the first half of this year along with flight testing on GE Aviation's flying test bed. Engine certification is expected in 2018.




And other GE news not necessarily worthy of it's own post here. The other side of Industry 4.0 and data analytics.

Celtics reach deal to put General Electric logo on uniform - January 25, 2017

The NBA's most decorated franchise got a little more decorated on Wednesday when the Celtics announced a deal to put a General Electric advertisement on the team's uniform. One of sports' most tradition-laden institutions, the 17-time NBA champions will begin wearing the GE logo next season on a primary uniform that has remained relatively constant since the league formed in 1946.

"At the Celtics, we think about Red Auerbach, Bill Russell and Larry Bird," Grousbeck said. "And now Thomas Edison."
_________________________________________________________________


Celtics officials declined to specify terms of the deal. But they said they did not shop around after deciding there was a good fit between two organizations that both have long traditions and also a willingness to innovate.

The company, which traces its roots to Thomas Edison's startup in 1878, moved its headquarters from Connecticut to Boston last summer.

"We did not take lightly to putting a logo other than the Celtics logo on our uniform," team president Rich Gotham said.

Although the jersey patches are the most visible part of the deal, it also allows the Celtics to take advantage of GE's medical, lighting and electrical expertise while planning their new practice facility, which is scheduled to open in the Brighton Landing neighborhood of Boston in 2018. The agreement also makes GE the exclusive data analytics partner of the team.

"We will take 100 percent of the credit if the Celtics win the championship," GE chief financial officer Jeff Bornstein said. "It will all be because of data analytics."

Although GE's logo is predominantly blue, the company agreed to patches that are green and white to blend better with the traditional Celtics colors. (The logo will be a green, stylized "GE" on a white background on the road jerseys and white letters on a green background at home, contrasting with the Celtics' color scheme.)

GE chief marketing officer Linda Boff said it was not hard to adjust.

"The opportunity to do this with a storied franchise, with the winningest franchise in NBA history, is really humbling," she said. "I think our brand looks really beautiful in green."




A General Electric logo patch is displayed on a Boston Celtics uniform during a news conference Jan. 25, 2017, at GE's headquarters in Boston. The Celtics reached an agreement with GE to put the company's logo on the team's uniform beginning next season. (Bill Sikes / AP)





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.