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Thursday, August 10, 2017 6:04:30 PM
Woodward, Inc. (NASDAQ:WWD) and GE Aviation today announced the formal creation of the large engine fuel systems joint venture announced on May 20, 2015. Under terms of the agreements related to the joint venture, Woodward today received $250 millionfrom GE Aviation in exchange for GE Aviation’s acquisition of its equity interest in the joint venture. GE Aviation and Woodward will participate equally in the operating results of the joint venture programs and the future cash flows from the joint venture.
The joint venture will design, develop, source, supply and service fuel system components from the inlet up to the fuel nozzle for the GE90, GEnx, GE9X and all future large commercial engines developed by GE Aviation.
Woodward will be the preferred supplier to the joint venture. As a result, Woodward content on the GE9X engine will increase significantly, compared to the GE90 engine.
http://www.metrodenver.org/news/news-center/2016/01/woodward-and-ge-aviation-initiate-large-engine-fuel-systems-joint-venture/
The GE9X engine for Boeing’s 777x will also include 3D printed fuel nozzles. It is believed that GE’s acquisition of 3D printing companies Concept Laser and Arcam was motivated by large order numbers for these fuel nozzles.
Using the GEnx testing engine, GE assessed new additive manufactured blades for the engine’s turbine. Produced by Avio Aero, the “lightweight low-pressure turbine titanium aluminide (TiAl) blades” are the most efficient cooling circuits ever produced according to GE.
https://3dprintingindustry.com/news/general-electrics-ge9x-engine-undergoes-testing-3d-printed-components-104180/
I believe the SGLB is still working with GE.
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