Sigma Labs Inc (SASI): Asked if margins will fall in 2017 when...

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Tuesday, 06/07/2016 9:14:14 PM

Tuesday, June 07, 2016 9:14:14 PM

Asked if margins will fall in 2017 when GE ramps up production of its LEAP aircraft engine with partner Safran SA (SAF.PA) of France, Immelt said he expected GE to maintain or increase aviation business margins during that period.

"I'd be really horribly disappointed," Immelt said. "The LEAP is a big launch. But you have real adults that are doing this. They're as good a technical, manufacturing, engineering team as I've ever seen."

Still waiting on full scale production to begin.

http://www.reuters.com/article/us-ge-outlook-idUSKCN0Y929Y

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